Galliford Try has signed a first contractor engagement agreement with Gloucestershire County Council to design improvement proposals at Junction 10 of the M5 near Cheltenham.
The scheme, which is subject to planning approval, is funded through a £249m grant from the government’s Housing Infrastructure Fund.
It would involve building two new bypasses, one onto the M5 southbound and one off the M5 northbound.
Galliford Try said the new junction would provide access in all directions, “unlocking housing and employment opportunities”.
The firm added that the local authority sector was “one of the key markets” in its growth strategy.
Last month, the firm signed an £85m contract with Leicestershire County Council to build a new single carriageway. And in March, he got a contract design and build a £226 million link road project with what was then Cumbria County Council.
David Lowery, managing director of Galliford Try’s highways business, said: “We are delighted and honored to be delivering this major infrastructure project.”
He added that the opportunity “really plays to our strengths of working collaboratively in integrated project teams to deliver value early in the process and ensure the project achieves its strategic outcomes.”
David Gray, cabinet member for environment and planning for Gloucestershire, said “Galliford Try’s approach to health and safety, programme, carbon and social value aspirations demonstrates a strong alignment with the council’s own values and behaviors “.