Ringway Jacobs is to replace BAM Nuttall as Cheshire East Council's highways services partner for the next five years.
Ringway Jacobs, a joint venture between Eurovia and Jacobs UK, which has an office in Cheadle Royal, said it will make savings for the council of £1m a year. The takeover takes effect from 6 October 2011.
Cheshire East Council will retain an in-house team that will work with Ringway Jacobs to develop the partnership and oversee the running of the highways service.
Cllr Rod Menlove, Cheshire East cabinet member with responsibility for environmental services, said: "It has been a busy and challenging 14-month procurement process. I am very pleased with the outcome, which is down to an extensive, open and transparent consultation.
"The highways service is a vast and vital part of Cheshire East Council. Ringway Jacobs is a forward-thinking company with clear objectives as to how highways services can be delivered efficiently at a local level. The new contract will be a streamlined one, combining excellent service with financial savings.
"This new five-year contract will deliver savings in excess of £1m a year. The procurement process was aided by the contribution of members, officers and the public. I would like to thank them for their efforts and I look forward to the start of our new partnership with Ringway Jacobs in October."
Bill Taylor, managing director of Ringway Jacobs, said: "This is an exciting time for Ringway Jacobs, Cheshire East Council and their road users. We have enjoyed the procurement process and I feel we understand the needs of Cheshire East Council, allowing us to deliver the key services whilst understanding local priorities and bringing about efficiencies in the way we deliver them.
"We have extensive experience of delivering contracts similar to this one. I am very much looking forward to this partnership with Cheshire East Council, bringing together the best of the public and private sector."