VINCI/BAM Nuttall joint venture wins major contract to upgrade Victoria tube station

Bunnik, The Netherlands, 11 June 2010 - A VINCI/BAM Nuttall joint venture has been awarded a contract by Transport for London (TfL) to upgrade Victoria tube station. The contract value for BAM Nutall amounts to approximately €160 million (more than £130 million).

Victoria tube station is considered to be one of the busiest and most congested on the network, serving eighty million passengers every year. The VINCI/BAM Nuttall joint venture will reconfigure Victoria station, creating a brand new ticket hall, doubling in size the existing southern ticket hall, and installing new entrances, nine new escalators and step free access. Construction of the first phase is due to begin in 2011 and will be completed in 2016. The remainder of the upgrade works will be completed by 2018.

Year-end 2009 BAM Nuttall won - also in joint venture with VINCI - a contract in the region of £250 million by Transport for London (TfL) to upgrade Tottenham Court Road tube station.

Further information: A.C. Pronk, Royal BAM Group nv, 31 (0)30 659 86 21.