ACS has been awarded a new contract for the East Side Access project, worth 380 million euros. The project involves connecting the Long Island Road lines in Queens to a new terminal beneath Grand Central Station in Manhattan. The new line will increase capacity and is expected to reduce travel time for passengers from Long Island and Queens traveling to Manhattan.
ACS companies will be responsible for the architectural, structural, mechanical, and electrical work on the future passenger interchange between the lower level of Grand Central Terminal in Manhattan and the future rail line to Long Island. Specifically, this work will take place in the caverns and tunnels excavated beneath Park Avenue, which will connect Long Island to the heart of Manhattan.
ACS entered the U.S. market in 2005 through a contract with the New York City Subway. In fact, the new contract is a continuation of the excavation work on caverns, access points, tunnels, and structures, for which ACS has accumulated contracts totaling 1.65 billion euros.
Special Offer in Ireland
ACS, through its concession subsidiary Iridium, and in a consortium with BAM and PGGM, has just been selected by the Irish highway authority as the preferred bidder for the design, construction, and maintenance of the M-11 highway, from Gorey to Enniscorthy, for a total of nearly 200 million euros, according to Efe.
Sacyr, in partnership with Jons Civil Engineering, and Ferrovial, through its subsidiary Cintra and in collaboration with the infrastructure fund Meridiam, were also bidding on this project.
The contract covers the design and construction of 40 kilometers of highway, as well as the financing, operation, and maintenance of the road. The project also includes the construction of a new bridge over the Slaney River, north of Enniscorthy.
In early December, Iridium, in a consortium with BAM, was awarded a concession contract for the construction and maintenance of a bypass highway in Ireland, representing an investment of approximately 220 million euros.
That contract included the financing, design, construction, operation, and maintenance—for a period of twenty-five years—of the New Ross bypass in southeastern Ireland.
Iridium beat out the consortia led by Strabag, Ferrovial, and Sacyr, thereby securing its fourth concession contract in Ireland.
