COUNTYROUTE (A130) PLC.

CountyRoute (A130) PLC, a wholly owned subsidiary of John Laing, was chosen by Essex County Council in October 1999 as their private sector partner for the new A130 bypass. John Laing’s role included raising finance and actively managing the project through construction and into operation. The asset has a 30-year concession. The A130 was the first local authority road to be built using the Private Finance Initiative (“PFI”). Built in two sections, the project consists of 14km of dual two and three-lane carriageway, a grade-separated interchange and 19 structures. The Northern Section (Chelmsford to the A132 Rettendon Turnpike) was opened to traffic in January 2002 and the Southern Section was opened in February 2003. The A130 is operated and maintained in accordance with national standards together with project-specific requirements under the DBFO contract.