Balfour Beatty Joint Venture Awarded $1.95 Billion Contract by Los Angeles World Airports for Automated People Mover

Balfour Beatty has been awarded a $1.95 billion design-build-finance-operate-maintain (DBFOM) contract by the Los Angeles World Airports (LAWA) for the construction of the Automated People Mover (APM) at Los Angeles International Airport (LAX). In addition to being the company’s most significant integrated U.S. civils and buildings project, it is also Balfour Beatty Investments’ first major public-private partnership (P3) in the U.S. civil infrastructure market.

Balfour Beatty was selected for the P3 project as part of the LAX Integrated Express Solutions (LINXS) joint venture team. The design-build team is comprised of Balfour Beatty (30 percent), Fluor (30 percent), Flatiron West (20 percent) and Dragados USA (20 percent).

“We’re honored to have been selected to deliver this transformative transportation project for the Los Angeles World Airports in partnership with the LINXS joint venture team,” said John Rempe, PE, president and chief executive officer of Balfour Beatty’s civil construction operations in the United States. “The Automated People Mover at LAX will play a key role in reshaping the way travelers from around the world access the country’s busiest origin and destination airport well into the future.”

LINXS equity members include Balfour Beatty Investments (27 percent), Fluor Enterprises (27 percent), Hochtief PPP Solutions GmbH (18 percent), ACS Infrastructure Development (18 percent) and Bombardier Transportation (Holdings) USA (10 percent). LINXS Operators will deliver operations and maintenance (O&M) services for the APM project. Members of the O&M entities include Fluor, HOCHTIEF, ACS and Bombardier.

“This is truly an exciting project for the Balfour Beatty Investments team to be involved with alongside our world-class LINXS partners and Los Angeles World Airports,” according to Rick Taylor, president of Balfour Beatty Investments NA division. “We look forward to creating a long-term and dynamic solution for LAX that highlights the value of public-private partnerships and supports their infrastructure needs.”

As a key component of LAWA’s multi-billion dollar Landside Access Modernization Program (LAMP), the APM will be a 2.25-mile, above ground airport transport system connecting LAX passengers with the airline terminals, a new centralized rental car facility, new pickup and drop-off locations with parking facilities, and Metro’s regional transit system.

Once completed, travelers will enjoy a transportation system comprised of six APM stations that operates up to nine trains simultaneously as well as the APM maintenance facility and various parking garages. Pedestrian access will be enhanced by moving walkways to the terminals and parking garages. With construction scheduled to start in summer of 2018, the APM project at LAX is scheduled for delivery in the third quarter of 2023 and will employ 750 personnel at its peak.

About Balfour Beatty

Balfour Beatty is an industry-leading provider of general contracting, at-risk construction management and design-build services for public and private sector clients across the United States. Performing heavy civil and vertical construction, the company is part of Balfour Beatty plc (LSE: BBY), a leading international infrastructure group that provides innovative and efficient infrastructure that underpins our daily lives, supports communities and enables economic growth. Consistently ranked among the nation’s largest contractors, Balfour Beatty is the No. 6 Domestic Building Contractor in the United States as ranked by Engineering News-Record. To learn more, visit www.balfourbeattyus.com.

About Balfour Beatty Investments

Balfour Beatty Investments specializes in partnering with government entities and high performing public sector firms to implement their strategic plans through the Public-Private Partnership (PPP/P3) model. With operations in the U.S., U.K. and Canada, we raise and structure finance to help customers achieve goals that might otherwise be unattainable. We also invest directly in infrastructure assets, particularly where there are opportunities to manage the project upon completion and enhance operational efficiency.

Balfour Beatty Investments is part of Balfour Beatty plc.

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