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21 June 2002
HBG wins US$ 131 million joint venture contract for freeway near Raleigh,
North Carolina
Rijswijk, the Netherlands - HBG Flatiron, Inc. [a division of HBG Constructors,
Inc.] in joint venture with Lane Construction Co, was awarded a contract
to build 11 miles of six-lane freeway and 23 bridge structures near Raleigh,
North Carolina. The joint venture is 60% HBG Flatiron and 40% Lane Construction
Co.
The bridges are located at 15 separate sites and include both precast
concrete girder and steel girder bridges up to 16 spans in length, installed
on drilled pier foundations. The project will be called the 'Knightdale
Bypass'. The new freeway will relieve traffic congestion along US highway
64 for local commuters and other travellers in eastern Wake county North
Carolina.
This project, worth US$131 million, will be constructed as a design/build
project. HBG’s guaranteed completion date of 30 December 2004 is
seven months earlier than the required completion of 1 August 2005.
For further information: Arno C. Pronk,
HBG Public Relations, telephone +31 70 3722121.
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