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The joint venture of the local/UK Dutco Balfour Beatty (DBB) and Athens-based Consolidated Contractors International Company (CCC)was on the verge of being awarded the main package on the Dubai Mall development in late September. Sources close to the project, which is part of the Burj Dubai development, said on 30 September that a letter of intent was being prepared by the client, Dubai-based Emaar Properties, in the venture’s favour. The contract’s value is expected to be about $700 million, although the final figure will be determined by provisional sums, which make up about 60 per cent of the total contract (MEED 28:5:04).