Balfour Beatty has been awarded a £77.6m contract by The Highways Agency for work on the M4 and M5 motorways near Bristol. It is the first managed motorway scheme in the southwest of England.
Balfour Beatty will carry out work to allow the Highways Agency to introduce variable mandatory speed limits and open up the hard shoulder to traffic during particularly busy times at congestion bottle necks.
A range of technologies as well as new operating procedures will be used on the project to improve traffic flow, cut congestion, regulated journey times and improve road safety.
Balfour Beatty chief executive Ian Tyler reckons: "This is an innovative scheme that will assist in bringing greater capacity to our motorway network.”
Construction work is set to start in the first quarter of 2012 and will open to traffic between 2013 and 2014.