Re Contract

RNS Number : 0368U

Galliford Try PLC

27 November 2013

 



GALLIFORD TRY APPOINTED AS PREFERRED DELIVERY PARTNER FOR £48 MILLION OF NEW SECONDARY SCHOOL BUILDINGS IN SCOTLAND

Galliford Try plc, the housebuilding and construction group, announces that its Scottish business Morrison Construction has been appointed preferred contractor for two new secondary school developments, worth £48 million in total, by hub South East Scotland.

Following financial close, Morrison Construction will undertake construction of the new Kelso High School in the Scottish Borders, and Newbattle Community High School, Midlothian. Work will commence in 2014, and completion of construction is expected in 2016.

In addition to the preferred contractor appointment, the Facilities Management business has been selected as preferred bidder to provide ongoing hard facilities maintenance and lifecycle management to both schools. This contract is anticipated to be worth up to a further £17 million over the 25-year concession period. 

Galliford Try Chief Executive Greg Fitzgerald said: "We are delighted to secure these significant projects which reflect our reputation and strong market presence within this sector."

For further enquiries:

Galliford Try -                 Greg Fitzgerald, Chief Executive              01895 855001

                                    Graham Prothero, Finance Director

Notes to Editors

Galliford Try plc is a leading UK housebuilding and construction group. It is listed on the London Stock Exchange and a member of the FTSE 250. The housebuilding business - through its Linden Homes brand - sells distinctive homes to the public and affordable homes to housing associations and local authority providers across the South and South East of England.  The construction business carries out building and infrastructure work across the UK with clients ranging from major Government departments through to regulated utilities and private sector companies. At the end of the last financial year to 30 June 2013, the Group generated revenues of £1.5 billion.

 

END

 

 

CNTPGGPAGUPWUQM