Contract wins

RNS Number : 5953E

Balfour Beatty PLC

23 December 2009

 



23 December 2009

BALFOUR BEATTY AWARDED EDUCATION SECTOR 

CONTRACTS WORTH £191 MILLION

Balfour Beatty, the international infrastructure group operating in construction services, professional services, support services and infrastructure investments, announces today that it has been awarded education sector contracts worth £191 million. 

Balfour Beatty has been awarded the £100 million Greenwich Schools Building Schools for the Future (BSF) construction partner contract by VT Group.  The Greenwich BSF contract is a design and build contract for two schools:

	Thomas Tallis, a 1,950 pupil secondary school which will be equipped with a gymnasium to meet the British Gymnastic and British Judo Association's requirements and which has qualified as a 2012 Olympic training base camp;
	Crown Woods, a 1,800 pupil secondary school to be split into three colleges, two for mixed ability pupils and one for gifted and talented pupils.

Occupation of Thomas Tallis is expected in October 2011 with occupation expected in April 2011 for Crown Woods.

Following Balfour Beatty's appointment as one of three Framework contractors to the North Lanarkshire Council Schools and Centres 21 Framework, it has secured design and preconstruction services on four schools to the value of £91 million. 

Construction work on the North Lanarkshire Council Schools and Centres 21 Framework is expected to commence on site in 2010 for four schools:

	St Ambrose & Drumpark ASN High School in Coatbridge, which will accommodate 1,350 secondary pupils, together with associated community and community sports facilities including six sports pitches and a Hydropool;
	Calderhead High School in Shotts; a 550 pupil new-build school built on the site of the existing high school, which is to be demolished as part of the new development;
	Caldervale High School in Airdrie; a 950 pupil high school involving the part demolition of the existing school, with a new PE facility and refurbishment of remaining blocks; and
	Alexandra and Rochsolloch shared primary campus school, in Airdrie; a 550 pupil new build school with shared facilities including a library, catering and sports together with associated community facilities and a nursery.

Commenting on the contract awards today, Balfour Beatty Chief Executive, Ian Tyler, said:

"We are delighted to have been selected to help deliver these contracts in Greenwich and North Lanarkshire which will further build on our extensive experience in the education sector." 

Balfour Beatty has already successfully delivered 24 new schools in North Lanarkshire as part of the £150 million Education 2010 PPP project.

ENDS

Analyst/media enquiries:

Marjorie Hooper

Balfour Beatty plc

Tel: [phone]

www.balfourbeatty.com

Notes to Editors:

1.	Balfour Beatty is currently working on construction contracts totalling £900 million for schools and academies schemes in Hackney, Haringey, Greenwich, Stoke-on-Trent, Manchester, Liverpool and West Sussex.
2.	Balfour Beatty has nine PPP concessions in the education sector: three in the UK under the Building Schools for the Future (BSF) programme in Southwark, Islington and Knowsley; five in the UK under earlier PPP models at Stoke, Bassetlaw, Rotherham,  Birmingham and North Lanarkshire; and one in Singapore, the Institute of Technical Education, College West. These programmes involve the construction of approximately 100 new schools and learning centres and upgrading and maintaining well over 100 others. Balfour Beatty has approximately £60 million of committed equity in the sector.
3.	Balfour Beatty (www.balfourbeatty.com) is a world-class infrastructure group operating in construction services, professional services, support services and infrastructure investments. We work in partnership with our customers principally in the UK, the US, South-East Asia and the Middle East, who value the highest levels of quality, safety and technical expertise. Our key infrastructure markets include transportation (roads, rail and airports); social infrastructure (education, specialist healthcare, and various types of accommodation); utilities (water, gas and power transmission and generation) and commercial (offices, leisure and retail). We deliver services essential to the development, creation and care of these infrastructure assets including investment, project design, financing and management, engineering and construction, and facilities management services. Balfour Beatty employs more than 53,000 people around the world.

 

END

 

 

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