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Galliford Try PLC 27 February 2007 GALLIFORD TRY APPOINTED PREFERRED BIDDER ON £25 MILLION HOSPITAL PPP Galliford Try plc, the construction and housebuilding group, is pleased to announce that the Morrison Consortium has been appointed preferred bidder by NHS Fife for a £25 million Public Private Partnership (PPP) contract to build and operate a new state of the art Community Hospital and Health Centre in St Andrews, Fife. The Morrison Consortium comprises Galliford Try Investments as equity partner, Morrison Construction, which is part of Galliford Try's building division, and Morrison Facilities Services. The facility, which will cover a total floor area of 10,700 square metres and almost 7 acres of land, will bring together a range of services into one modern building. It will include three GP practices, a 40 bed Diagnostic and Treatment Centre, specialist palliative care and an improved day surgery unit. The equity investment in the project will be £2.3 million. Financial close is expected in autumn 2007 and works will commence shortly afterwards. The hospital is expected to open in March 2009. Greg Fitzgerald, Chief Executive of Galliford Try, said: 'Galliford Try has a well-established presence in the PPP sector, a strong track record in building healthcare facilities and is building up its investments in these projects. We are looking forward to working with NHS Fife to deliver a modern, first class health centre for the community.' Greg Fitzgerald, Chief Executive Galliford Try plc 01895 855219 Frank Nelson, Finance Director Galliford Try plc 01895 855226 Ann marie Wilkinson/Geoff Callow Bell Pottinger Corporate & Financial 020 7861 3232 This information is provided by RNS The company news service from the London Stock Exchange
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