Preferred bidders for €2.5 billion UK nuclear contract

Premium Content
Helen Wright

19 June 2012

A 50/50 joint venture between Bouygues and Laing O'Rourke has been named preferred bidder for a £2 b

A 50/50 joint venture between Bouygues and Laing O'Rourke has been named preferred bidder for a £2 billion (€2.5 billion) contract to build a new nuclear power station at Hinkley Point C in Somerset,

A 50/50 joint venture between Bouygues and Laing O'Rourke has been named preferred bidder for a £2 billion (€2.5 billion) contract to build a new nuclear power station at Hinkley Point C in Somerset, UK.

Client EDF is currently awaiting planning consent and is to make a final investment decision for the project by the end of 2012.

The joint venture has entered into a preliminary agreement for early contractor involvement which will see the two companies working on the development of the design, construction methodology and programme for the project.

EDF Energy chief executive Vincent de Rivaz said, "2012 is a defining year for new nuclear. We will continue our discussions with [UK] government about agreeing a legally robust investment framework. Agreeing the contract for difference is key - it means that we and government will have to be clear about our costs before we sign a contract for our project."

First expert speaker announced for power transition webinar
Moog Construction’s Dr Nate Keller to join panel for February 17 event
Is total cost of ownership now the real measure of equipment value?
As sustainability pressures, technology and rising operating costs reshape construction economics, contractors are looking beyond purchase price to understand what machines truly cost over their lifetime
How Donaldson is putting the seal on innovative filtration
When you’re working with machinery, uptime is money – so why allow downtime on a jobsite to be triggered by something as unglamorous as an air filter?