Balfour Beatty Infrastructure Part of Design-Build Team Selected as Best Value Bidder for $798 Million Dallas Horseshoe Project

  Balfour Beatty Infrastructure Part of Design-Build Team Selected as Best
  Value Bidder for $798 Million Dallas Horseshoe Project

Business Wire

DALLAS -- November 19, 2012

Balfour Beatty Infrastructure, Inc., an industry-leading civil engineering
contractor, has been selected by the Texas Department of Transportation
(TxDOT) as part of a team to work with joint venture partner Fluor Corporation
on a major design-build project in Dallas, Texas.

The selection of the Pegasus Link Constructors LLC joint venture is estimated
by TxDOT to be worth approximately $798 million. The scope of work calls for
upgrading and replacing the I-30 and I-35E bridges that cross the Trinity
River, building additional lanes, as well as constructing the previously
designed Margaret McDermott bridges. The project is dubbed the “Horseshoe
Project” due to its U-shape.

TxDOT is utilizing design-build project delivery which will result in a
shorter construction schedule and lower overall cost. Design work is scheduled
to begin in early 2013 and be completed in 2017.

“This is a major win for us as it accomplishes our strategic goal of expanding
further in complex design-build transportation projects, while also leveraging
the strengths of the greater Balfour Beatty group,” said Ray Bond, president
and CEO of Balfour Beatty Infrastructure. “We look forward to working with our
partner Fluor, as well as sister company Parsons Brinckerhoff, to complete
this exciting project safely, sustainably and on time with as little
disruption to the community as possible.”

Pegasus Link Constructors is a joint venture between Balfour Beatty
Infrastructure (45%) and Fluor (55%). The team will include the services of a
number of firms including: Parsons Brinckerhoff (lead designer), AECOM
(design), Transfield Services North America, American Bridge Company, Raba
Kistner Infrastructure, Kleinfelder Central, K-Strategies Group, Pinnacle
Consulting Management Group, STL Engineers, MBK Engineers, Surveying and
Mapping, Maldonado-Burkett Intelligent Transportation Systems, Rios
Engineering, EJE, IEA, Aguirre & Fields, David Mason & Associates of Texas and
AMEC Environment & Infrastructure.

Balfour Beatty Infrastructure, Inc. delivers industry-leading civil
engineering and construction expertise for transportation and water
infrastructure projects throughout the United States. With more than 850
employees in major operations in California, the Carolinas, Georgia, Florida,
the Mid-Atlantic and Texas, Balfour Beatty Infrastructure boasts annual
revenues of approximately $400 million. An award-winning contractor, Balfour
Beatty’s U.S. construction companies were ranked by Engineering News Record as
number 11 among the Top 400 Contractors, and 14 among the Top 50 Domestic
Heavy Contractors. Balfour Beatty Infrastructure is part of Balfour Beatty
plc, a global engineering, construction, services and investment business
organization specializing in large infrastructure and building programs.


Balfour Beatty Infrastructure, Inc.
Liza Cáceres, 404-253-6302
Fax 404-607-1784
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