Firm will advise on 49km Borders train line
Heath Lambert has been appointed as adviser for one of Scotland’s largest transport projects.
The company, which has offices in Aberdeen and Edinburgh, will advise Transport Scotland on the insurance strategy to cover the Borders railway project, which is expected to cost between £235m and £295m. The 49km line will link Newcraighall station, Edinburgh, with Tweedbank in the Scottish borders, passing through Midlothian. Seven stations will be created.
Heath Lambert project team leader Mark Bourke said: “Our team has mobilised immediately and we are working closely with Transport Scotland and our co-advisers, namely Mott MacDonald, Dundas & Wilson, Ernst & Young, Turner & Townsend, and ERM. “
Heath Lambert’s managing director for the project risks team, Mike Hawkes, said: “The team has a detailed knowledge of the legal and risk management issues involved in private finance, and has wide experience in working for governments, local authorities, lenders and project companies/contractors.”
Project director Steve Milligan said: “The competitive dialogue process will get underway shortly. We look forward to working in partnership with Heath Lambert through this key development phase, which takes us nearer to delivering one of the first DBFM (design, build, finance, maintain) railways in the UK.”