The PCEP marks Balfour Beatty’s largest undertaking in the U.S. and, according to The Financial Times, should help the contractor overcome recent losses in its UK segment, reportedly due to low bids and mismanagement.
Balfour Beatty CEO Leo Quinn said in a press release that the company ‘s experience with “complex rail projects” leaves it positioned for a successful delivery of the Caltrain upgrade and will help it build its design-build rail market business in the U.S.
