Balfour Beatty to build Denver’s Eagle P3 Commuter Rail Project

Balfour Beatty Rail, Inc., was selected as part of the Denver Transit Partners (DTP) team by the Denver Regional Transportation District (Denver RTD) to construct the 46-year, multi-billion dollar Eagle P3 commuter rail project. The DTP team, which will design, build, operate, maintain and finance the Eagle P3 Project, is made up of a group of transit industry experts including Balfour Beatty Rail, Fluor Corporation, Macquarie Capital Group Limited, Ames Construction, Hyundai-Rotem USA, Alternative Concepts, Inc. (ACI), Fluor/HDR Global Design Consultants, PBS&J, Parsons Brinckerhoff, Interfleet Technology, Systra, Wabtec and many others.

The Eagle P3 Project is part of RTD’s FasTracks
Plan, a 12-year multi-billion dollar transit expansion program to build and
operate new commuter and light rail services and expand transportation
offerings throughout the eight-county Denver area. The Eagle P3 Project is a
public-private partnership that includes:
• East Corridor: a new 23.6 mile
commuter rail line from Union Station to Denver International Airport;

• Gold Line: a new 11.2-mile commuter rail line from
Union Station to Wheat Ridge;

• A two-mile initial segment of the Northwest Rail
Corridor;

• Approximately 50 new electric-powered commuter
railcars; and

• A new commuter rail maintenance facility.

Balfour Beatty Rail’s roles on the project include a
50 percent share of the engineering, procurement and construction contract as
well as a 33 percent share in the operations and maintenance contract. The
final contract and financing for the Eagle P3 project are expected to be
secured before the end of 2010.

"The Eagle P3 Project will be the largest dollar
value project any Balfour Beatty company has been awarded in the U.S., as well
as the first public-private partnership we have teamed on," said Jim Moynihan,
president and CEO of Balfour Beatty Rail. "It will be transformational not only
for our U.S. transit business, but also for the citizens of Denver. We look
forward to a safe and successful partnership with our team members and the
community to deliver on this prestigious project."