Costain and Skanska awarded Bond Street Crossrail contract

Bond Street station in the West End will get a £110 million overhaul to help cope with an extra 70,000 passengers a day with the arrival of Crossrail in 2018.

Crossrail has awarded the contract to build two new ticket halls, in Davies Street and Hanover Square, to a joint venture between British builder Costain and Sweden’s Skanska.

More than 155,000 passengers use the existing Tube station — a key interchange between the Central and Jubilee Lines — every day. This will grow to 225,000 a day with the arrival of Crossrail.

The Costain-Skanska joint venture has now secured seven contracts on the £15 billion project, after winning the deal for the structure of the new Bond Street station. Costain is also working with Laing O’Rourke on the enlargement of Farringdon station.

Costain chief executive Andrew Wyllie said today: “This contract further contributes to the strength of our order book, which comprises approximately 90% repeat business.”