Shortlist for £1Bn Silvertown Tunnel down to three
Three companies are on the shortlist to design, build and finance the Silvertown Tunnel.
Transport for London revealed that Cintra Global Ltd, Hochtief PPP Solutions GmbH and Skanska Strabag are the bidders under consideration for the £1Bn project.
The project will create a new twin-bore road tunnel for East London, which would begin construction in 2019 subject to final planning approval being granted by the Secretary of State.
The project is currently undergoing a six month planning review with the Secretary of State’s decision due to be made in autumn this year.
It is envisaged the tunnel will create opportunities for new jobs in the area, help local employers to access new markets and reduce the environmental impact of traffic congestion.
The successful contractor will be expected to implement a number of measures in an effort to lessen the impact of the construction on the local area. These include cutting the amount of road usage from construction vehicles, creating more engagement with the community and employing 150 local apprentices.
Leon Daniels, Managing Director of Surface Transport at TfL, said: “It’s great to see such a strong shortlist of bidders to design, finance, build, and maintain the new Silvertown Tunnel.
“The tunnel will be essential to help tackle congestion and reliability in east and south east London, as well as transform cross river bus services and support planned growth across the wider area.”
The tunnel is due to open in 2023 and will help tackle traffic congestion at the Blackwell Tunnel.
If you would like to read more articles like this then please click here
- £135M F35 infrastructure contract awarded
26 Jun 17
Contract will see a new hangar to house 12 F-35's developed at RAF Marham.
- More Scottish funding for affordable housing
26 Jun 17
The Housing Minister announces a £10M fund to build affordable homes across the Highlands.
- World’s first building made from Hardwood cross-laminated tulipwood opens
26 Jun 17
Project described as important step for modern architecture and construction.