Balfour Beatty promises to be more picky with clients after £200m Aberdeen road loss

Balfour Beatty

Scheme ended up costing more than double its original £533m price tag

Balfour Beatty has said it will pick and choose clients more carefully after losing £200m on a scheme to build a bypass around Aberdeen.

The £533m job, signed as a fixed-price lump sum deal, ended up costing more than double that when it was finally completed early last year.

Already registered? Login here

To continue enjoying Building.co.uk, sign up for free guest access

Existing subscriber? LOGIN

 

Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Enjoy company features, CEO interviews, architectural reviews, technical project know-how and the latest innovations.

  • Limited access to building.co.uk
  • Breaking industry news as it happens
  • Breaking, daily and weekly e-newsletters

Get your free guest access  SIGN UP TODAY

Gated access promo

Subscribe now for unlimited access

 

Subscribe to Building today and you will benefit from:

  • Unlimited access to all stories including expert analysis and comment from industry leaders
  • Our league tables, cost models and economics data
  • Our online archive of over 10,000 articles
  • Building magazine digital editions
  • Building magazine print editions
  • Printed/digital supplements

Subscribe now for unlimited access.

View our subscription options and join our community