Galliford Try has won the contract to complete a link road in Buckinghamshire.
The firm announced yesterday (24 September) that its infrastructure business had been appointed to a contract worth £88.9m to complete the South East Aylesbury Link Road (SEALR) project.
The firm will build 1.1 miles of dual carriageway including three new roundabout junctions linking the A413 Wendover Road with the Stoke Mandeville Relief Road.
The project is aimed at reducing congestion in the centre of the town, Galliford Try said in a stock exchange notice.
The road is being built in two sections, with works including a new bridge across a railway line. The council said the project is due to be completed within the next two years.
Bill Hocking, chief executive of Galliford Try, said: “The local authority sector is a key focus for our infrastructure business, and we have a strong track record in constructing major link roads throughout the country.”
Buckinghamshire Council leader Martin Tett described the project as “incredibly complex”.
In April, the council reported that due to inflation and other cost increases, the cost of the road had risen by £33m to £148m.
This was resolved by the council moving across money previously earmarked for a proposed 1,100-home development.
Tett said: “We urgently need the right infrastructure in place in Aylesbury and this [road] is a key part of that, being directly delivered by the council.”
