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. ... For the full story register now for free or login below...
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