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. ... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
Close