Its Berkshire contract will begin 1 April 2019 and will run for seven years, with a possible extension to ten years.
The business will undertake construction services and both routine and reactive highways maintenance, including street lighting, structures, bridges, drainage and winter maintenance.
It will also perform safety inspections, deliver major infrastructure projects and provide emergency response cover.
The council has also awarded a separate professional services and consultancy contract to WSP and together, the three organisations will form the ‘Wokingham Highways Alliance’.
Alistair Thompson, managing director of VolkerHighways, said: “We are delighted to have been awarded this new contract and look forward to delivering a quality service, through our highways alliance with Wokingham Borough Council and WSP.”
Also Telford and Wrekin Council in the Midlands has appointed Balfour Beatty Living Places to deliver a seven-year £100m highways contract.
It will maintain the borough’s 626 miles of highways and 743 miles of footpaths, provide drainage cleansing services as well as winter gritting and reactive highways maintenance as required.
The agreement will bring an estimated saving of £200,000 a year for the council through an enhanced management of services.
As part of the contract, Balfour Beatty Living Places will also work closely with Telford and Wrekin Council to help deliver their £20m capital investment programme of planned highways and transport projects to improve roads, paths and highways structures. This will be delivered over the first two years of the contract.