Preferred bidders for €2.5 billion UK nuclear contract

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."

Latest News
Peri completes ‘Europe’s largest’ 3D printed building
Peri highlighted that conventional construction methods could not have been used to achieve this design
Implenia reaches ‘record level’ consolidated profit with nearly US$8bn backlog
The company said success across all divisions led to profit and extensive order book
Construction industry update: legal battles, global projects, and educational initiatives
Selection of the week’s biggest stories on Construction Briefing