Firm makes £44m loss on AWPR

I’ve just stumbled across this coverage of Balfour Beatty’s results, with comments about the Aberdeen bypass. The report says the firm suffered a loss of £44m on the AWPR contract as a result of Carillion’s liquidation.
Balfour Beatty and its remaining partner on the project, Galliford Try, are obliged to complete work on the bypass. However, chief executive Leo Quinn said Balfour had also benefited from Carillion’s failure, as it had removed a “major competitor from the market that was underpricing us all”.

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