|About Amey Lagan|
17 December, 2007, The Amey, Lagan and Ferrovial Agroman (ALF) consortium today achieved Financial Close for the Department for Regional Development Roads Service's DBFO (Design Build Finance Operate) Package 2 contract. Amey and Lagan have created a special p urpose project company Amey Lagan Roads Limited to deliver the overall DBFO Contract.
The 30-year £250 million project has already commenced construction in a series of Pre Commencement Works. Within the consortium, the construction work will be undertaken by a Joint Venture between Ferrovial Agroman Ireland and Lagan Construction. Amey will be responsible for Operations and Maintenance (O&M) work, which will commence in the New Year.
The project forms part of Northern Ireland's £18 billion investment strategy, 'Building a Better Future'. The aim of this strategy is to make Northern Ireland a better place to live, work, learn and grow'. Under the scheme, the region's schools, roads, water, waste, health and office infrastructure will all be improved over the next decade. As part of this development programme, the Northern Ireland Department for Regional Development identified two packages of work to improve the strategic road network across Northern Ireland. These will be delivered as Public Private Partnerships (PPPs).
About Amey Lagan
The consortium believes its selection has been significantly influenced by the combined strengths of its members. All three members have extensive experience of road widening and highways maintenance schemes: