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Hochtief bags £15m Reading relief road

23 Jun 14 Hochtief has won a road and bridge construction job in Reading by shaving nearly 25% off the budget price.

The contractor has been chosen to design and build the Shinfield Eastern Relief Road and M4 overbridge project for the University of Reading. The estimated price was £20m; Hochtief (UK) Construction came in at £15.3m.

The university is procuring the contract on behalf of the South of M4 Consortium, which includes the university, house-builder Taylor Wimpey UK and BDW Trading.

Construction is scheduled to start in January 2015 and be completed in June 2016. Wokingham Borough Council has already given planning approval.

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MPU
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