Two rivals will now lock horns for a £230m Building Schools for the Future (BSF) project in the East Midlands. Derby City Council has pared the contestants down to Vinci Education and Balfour Beatty. The news means expulsion for a third bidder, Galliford Try. Join discussion...

French public works group Vinci (SGEF.PA) will secure financing this week for an 887 million euro ($1.3 billion) public-private partnership (PPP) road project in Slovakia allowing construction to start, sources close to the project said on Tuesday. Join discussion...

French construction and concessions company Vinci SA (DG.FR) has bought most of the operations of private U.K. property and construction company Haymills in a so-called pre-pack deal after the British company went to the brink of insolvency, the administrator PriceWaterhouseCoopers said Thursday. Haymills will become part of Vinci Construction UK Ltd. and the deal will save about 430 jobs, PWC said. Join discussion...

R1 expressway, which is to be built by the private concessionaire GRANVIA within the PPP project model, is to grow more expensive by €540 million, it was approved by the Government at its extraordinary session on Friday. The Government also agreed on the refinancing of the project, with the banks abandoning the demand for underpinning. Join discussion...

Four teams have qualified for the next stage of the £1 billion Hertfordshire Building Schools for the Future programme. Following the council’s notice in OJEU, four consortia have successfully met the qualification criteria. They have been invited to take part in the next stage of the decision-making process, the ‘Invitation to Participate in Dialogue’. Join discussion...

Balfour Beatty, Galliford Try and Vinci Education have been shortlisted for the £220 million Derby Building Schools for the Future contract. The three contractors will battle it out for the right to work on 14 schools for the East Midlands council. Join discussion...

VINCI’s consolidated revenue (1) for the first quarter of 2009 was €7.0 billion, down 2.6% compared with the same period in 2008. This change reflects a decrease in activity of -3.9% on a like-for-like basis, a 3.3% positive impact from external growth, and an unfavourable exchange rate fluctuation of -2.0%. In Contracting, revenue fell (-2.0% on an actual basis, -3.5% on a like-for-like basis) mainly due to poor weather conditions which affected progress on construction sites at the beginning of the year, especially road works. VINCI Concessions’ revenue decreased (-3.5% on a like-to-like basis, -4% on a constant consolidation scope basis) primarily due to the overall moderate fall in French motorway toll revenue in a continuation of the trend observed at the end of 2008. Join discussion...

A consortium formed of Vinci Concession, Aktor Concession, Vinci Construction Grand Projets and Aktor is the winner of a tender for the construction of a section of a major motorway linking Bucharest with the central and western parts of the country. The contract, valued at 1.5 bln euro, eyes the section between Comarnic, about 80 km north of Bucharest, and Brasov, central Romania. It is a first 30-year concession contract for construction works in Romania. Join discussion...

The priority road will be constructed by a consortium of Vinci Concessions S.A. and ABN AMRO Highway B.V., under a public-private partnership (PPP) project. The contractor, which will construct and maintain a 51.6-kilometre-long section of the R1 for 30 years, won the tender with a bid of €1.5 billion Join discussion...

The contract for construction of sections of the second package of motorways through public private partnership (PPP) projects was signed on March 23 by the Slovak Republic and the winning consortium of Vinci Concessions and ABN AMRO Highway, the TASR newswire reported. Join discussion...