Thames Tidal Flood Defense Program

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Thames Tidal Flood Defense Program

Project Valued at 300 Million Pounds ($474 million) that's Designed to Protect the London Area from Rising Waters Has Been Awarded to CH2M Hill, Balfour Beatty Plc (BBY) and Its Infrastructure Suppliers

A Thames estuary tidal flood defense program valued at 300 million pounds ($474 million) that's designed to protect the London area from rising waters has been awarded to CH2M Hill,Balfour Beatty Plc (BBY)and its infrastructure suppliers, the Environment Agency said.

The engineering works will be one of the world's largest flood-risk management projects once under way with upgrades and climate-proofing improvements along the 170-kilometer (106-mile) length of the Thames estuary.

The Thames tidal flood defense system from Teddington in West London to Sheerness and Shoeburyness in Kent and Essex is meant to protect 200 billion pounds of property including the iconic Thames Barrier, CH2M Hill said in a statement.

Paul Leinster, the Environment Agency's chief executive, welcomed CH2M Hill "as our partner to deliver this vital program of works to refurbish and update the current flood risk-management systems along the Thames estuary."

Source: Bloomberg

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