Work to widen the roads and construct crossing points around Westfield roundabout is expected to start in the summer after councillors agreed to appoint an engineering contractor to the project.
Members of Falkirk Council's executive heard on Tuesday that Balfour Beatty has been working on the project's pre-construction development.
Paul Kettrick, head of Invest Falkirk, said that appointing them would have "clear advantages of continuity of delivery", while their "in-depth knowledge and understanding of the project would be of benefit".