In an excellent piece of good news to end the year Thames Water has announced that it has let the biggest single construction project, worth £400m, in the UK water industry since privatization 20 years ago.
The contract for the Lee TRunnel is being awarded to MVB – made up of joint venture partners Morgan Est, VINCI Construction Grand Projects and Bachy Soletanche. The four-mile Lee tunnel, costing £600m in total is set for completion in 2014. It will prevent more than 16 million tones of raw sewage overflowing into the River Lee, a tributary of the River Thames.
The news marks a major milestone in finally cleaning up the River Thames and is an important development for the water industry.
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