£1.6bn North Bristol NHS Trus
4 March 2009
North Bristol NHS Trust announces that it is planning to appoint Carillion as preferred bidder for £1.6 billion PPP hospital development.
The North Bristol NHS Trust has announced that it intends to appoint support services and construction company Carillion as the preferred bidder to deliver the new hospital at Southmead, Bristol.
Carillion, in a 50-50 joint venture with Bank of Scotland Corporate (part of the Lloyds Banking Group), will finance the new landmark 800-bed acute hospital, for which it will also provide design, construction, maintenance and facilities management services. The new hospital forms a key part of the Bristol Health Service Plan, which will modernise health services and hospital facilities in Bristol, North Somerset and South Gloucestershrie.
Carillion expects to invest up to £40 million of equity in the project and will also carry out the construction work, to a value of approximately £450 million, and provide facilities management and maintenance services for the hospital over the 30-year concession period. The project is expected to have a total value of £1.6 billion over the concession period.
The new hospital, which also includes an integrated 28-bed community hospital, will concentrate acute services currently provided at Southmead and Frenchay hospitals on to a single site at Southmead. Carillion will also demolish the existing Southmead Hospital, while retaining some buildings of historic interest, which will be used as office accommodation, and construct two new multi-storey car parks.
The state-of-the-art building has been designed to have low energy requirements, making maximum use of natural light and ventilation with landscaped courtyards and gardens. A concourse, which will run the full length of the building, is at the heart of the design and the main entrance will consist of a fully-glazed atrium, with high quality, bespoke finishes.
Work is due to start in Summer 2009 with the hospital scheduled to open in 2013.
Carillion is the largest single provider of construction training services in the UK and Carillion's appointment will create employment and training opportunities for the local community.
Commenting, Carillion Chief Executive, John McDonough, said: 'We are delighted that North Bristol NHS Trust intends to select Carillion as the preferred bidder for this prestigious contract. We look forward to working with the Trust to deliver a state-of-the-art hospital, which will transform acute healthcare for people in the Bristol, North Somerset and Gloucestershire areas. Health is a key sector for Carillion and the new Southmead Hospital is our seventeenth PPP hospital, further enhancing Carillion's position as a leader in the sector.'
For further information contact
John Denning, Director Group Corporate Affairs, Carillion plc 01902 316426
Notes to editors
Carillion is one of the UK's leading support services, Public Private Partnership project and construction companies. The Group has annual revenue of around £5 billion, employs some 50,000 people and operates across the UK, in the Middle East, Canada and the Caribbean.
In the UK, Carillion's principal market sectors are Defence, Education, Health, Facilities Management & Services, Rail, Roads, Building, Civil Engineering and Utilities Services.
In the Middle East, Carillion's principal market sectors are Construction and Facilities Management. In Canada and the Caribbean, the Group's main sectors are Health, Roads Maintenance and Construction.
Carillion has a substantial portfolio of equity investments in Public Private Partnership projects, particularly in the Defence, Education, Health and Transport sectors.
In the inaugural Sunday Times Best Green Companies Awards in May 2008, Carillion secured first place in the category for large and medium-sized companies with high environmental impact and second place overall.
This and other Carillion news releases can be found at www.carillionplc.com
This information is provided by RNS
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