Amey offers £300m escape route to Birmingham City Council
Infrastructure giant Amey has tabled a £300m offer as it looks to find a route out of its entrenched and costly battle with Birmingham City Council over the highways contract.
The two organisations are currently at loggerheads over a £2.7bn, 25-year contract and involves Amey maintaining the 1,600-mile road network under the council’s jurisdiction.
According to the Sunday Times, Spanish-owned Amey has made an informal offer to the council as it attempts to buy its way out of the private finance initiative (PFI) contract.
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