Balfour Beatty has been appointed as preferred bidder for the £250m PPP street lighting contract by Coventry City Council.
The 25-year concession will involve the design, installation and maintenance of 33,000 street lights and 6,000 signs and bollards, during the five-year capital investment period, and the ongoing maintenance of all existing and new equipment.
Balfour Beatty will invest equity of approximately £6.3m into the project.
The contract will deliver a number of technical innovations which will result in a 38% energy reduction across Coventry City Council's stock, including a centrally-controlled dimming system to allow light levels to be reduced when streets are quiet.
Other features of the contract will include:
- lanterns with a 'white light' source, improving light efficiency and face recognition;
- LEDs where access for maintenance is restricted and to enhance areas of the City Centre;
- the de-illumination of bollards or their replacement by solar-powered units, resulting in zero energy consumption for all bollard types;
- the de-illumination of signs or their replacement by low wattage LEDs.
This is Balfour Beatty's fourth PPP street lighting concession, with other projects in Sunderland, South Tyneside and Derby.