Contract finalised for Heathrow's T2
15 March 2010
HETCo, a joint venture between Ferrovial Agroman and Laing O'Rourke has signed a UK£ 800 million (€ 877 million) deal with BAA to head up construction of the new Terminal 2 at London's Heathrow Airport.
The JV was selected to construct Terminal 2 in 2008 and the finalised contract will see HETco excavate the site, build the terminal's foundations and a main structure which occupies a 40000 m² area.
HETco will also construct the roof and facade of the new terminal and build ten aircraft parking stands.
HETCo will also be responsible for the full coordination and integration of the baggage systems and the building's information controls systems both within the new terminal and into the Heathrow wide network.
Steve Hollingshead of HETCo said, "We are delighted to have won this prestigious project and look forward to working in partnership with BAA to deliver a world-class facility."
Ignacio Clopes, Ferrovial Agroman's director at HETCo said, "We look forward to developing our relationship with BAA and delivering Terminal 2 to the highest standards of safety and quality.
"This important contract strengthens Ferrovial Agroman's presence in the UK market, where we have operated since 2003."
Constructing the UK£ 1 billion (€ 1,16 billion) Terminal 2 is part of a UK£ 4,8 billion (€ 5,58 billion) investment programme across the airport, which includes UK£ 2,2 billion (€ 2,56 billion) for the eastern area containing Terminals 1, 2 and 3.
Colin Matthews, Heathrow's chief executive said, "Heathrow is improving and our exciting plans for Terminal 2 reflect our ambition to make passengers' journeys better and position Heathrow as the European hub airport of choice for the world's airlines and passengers."
Meanwhile, Steven Morgan, Heathrow's capital director said, "This is BAA's largest ever single construction contract, and I am confident that it represents great value for our airlines and for the millions of passengers that will benefit from its modern, new facilities.
"The HETCo team has demonstrated to us that they will deliver this project in a timely and efficient way, and to a high standard."
The contract for Terminal 2 was signed by Colin Matthews and Steven Morgan, BAA chief executive and capital director respectively and Ignacio Clopes and Ray O'Rourke of HETCo.