- Balfour Beatty said Wednesday it had secured a contract from Scape Group's second generation civil engineering frameworks, valued at a combined total of up to £2.1bn revenue.

The frameworks would allow local authorities, local enterprise partnerships and other public sector bodies to commission works through a procurement process that provided the fastest route to market and utilised early contractor engagement to deliver 'best value' design solutions, Belfour said.

The two new frameworks, open to all public sector bodies in the UK, would run for a period of four years from October 2018, with schemes due to be awarded from early 2019, the company said.

'These frameworks enable us to build on our strong partnership with Scape. Our engineering and project management expertise coupled with our detailed regional knowledge supports Scape's delivery of a wide range of rapidly mobilised infrastructure projects,' said Leo Quinn, Balfour Beatty Group Chief Executive.

At 8:21am: [LON:BBY] Balfour Beatty PLC share price was +1.75p at 262.75p

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