Contractor鈥檚 US business wins PPP housing project

Balfour Beatty has won a 拢230m PPP contract to build and renovate homes for the US Air Force.

Balfour Beatty Communities, a division of the contractor鈥檚 US PPP concession arm, will build and renovate 3,268 military homes in the states of California, Montana, Wyoming and Missouri.

The PPP contract will last for 50 years.

Ian Tyler, Balfour Beatty chief executive, said: 鈥淲e are delighted that this project has reached financial close, extending our long relationship with the US Air Force.

鈥淚t is particularly pleasing to see many of the component parts of our group in the US coming together to deliver this important project.鈥�

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