The Birmingham Highways Maintenance and Management Service is celebrating its third award win in a row. Amey, in partnership with Birmingham City Council has recently won ‘European Services PPP Deal of the Year’ at the Project Finance Journal awards ceremony in London.
This prestigious title is another award win in just two months for the £2.7bn, 25-year project. The contract has also recently been named ‘European Road Finance Deal of the Year’ by Jane’s Transport magazine and ‘European PPP Deal of the Year’ by Project Finance International Magazine.
Mike Notman, Amey Project Director said: “It is a great achievement for the project and the partnership to receive three prestigious award wins. This is the only project of its kind in the country and it is a compliment to be recognised on a national and international level.”
Cllr Mike Whitby, Leader of Birmingham City Council said: “This is brilliant news for the partnership and Birmingham. The project is putting the Birmingham Highways Maintenance and Management Service on the map and I am delighted about the industry acknowledgement the project is receiving.”
Judges from all three award schemes recognised that the project is the most complex of its kind in the UK, and praised its unique financial structure, which allows money to be continually invested into Birmingham’s transport infrastructure. The partnership is committed to a long-term programme of improving Birmingham’s roads and keeping the city moving.
Amey is responsible for delivering the service which includes improving and maintaining 2,500km of road network, almost 100,000 street lights and more than 850 highway structures and bridges across the city. The management and maintenance service is supported by Lloyd’s Bank and Equitrix Investment.