£91 million contract by Helical Bar
26 March 2015
Carillion wins UK construction contracts worth £124 million
Carillion has been awarded a £91 million contract by Helical Bar to deliver Phase 1 of its Bart's Square development in the City of London. The first phase of this development includes residential, offices and mixed use facilities on a 2.3 acre site that includes the area formerly occupied by Barts Hospital. Phase 1 demolition is underway and construction will commence in the Summer of 2015 with completion scheduled for the Summer of 2017.
Carillion has also won a £33 million contract for residential developer St George Central London to build 177 new apartments at the award winning Beaufort Park development in North London. This will be Phase 10 of the Beaufort Park project, which is being built for the Notting Hill Housing Association to provide affordable homes. Work on the site has started and completion is scheduled for Autumn 2016.
Commenting, Carillion Chief Executive, Richard Howson, said: "Winning these prestigious contracts builds on the strong, high-quality order book we have in our UK construction services business. We are delighted to be working with Helical Bar and St George on these projects and share their vision of not simply constructing buildings, but helping to create communities in which people enjoy living. We also remain committed to working with local suppliers and to creating jobs through these projects, by recruiting local people wherever possible and we will also be offering opportunities for young people who are training as apprentices with Carillion."
Notes to Editors
Carillion is a leading integrated support services company with a substantial portfolio of Public Private Partnership projects and extensive construction capabilities. The Group had annual revenue in 2014 of some £4.1 billion, employs around 42,000 people and operates across the UK, in the Middle East and Canada.
The Group has four business segments.
Support services - this includes facilities management, facilities services, energy services, utility services, road maintenance, rail services and consultancy businesses in the UK, Canada and the Middle East.
Public Private Partnership (PPP) projects - this includes investing activities in PPP projects for Government buildings and infrastructure, mainly in the Defence, Health, Education, Transport and Secure accommodation sectors.
Middle East construction services - this includes building and civil engineering activities in the Middle East.
Construction services (excluding the Middle East) - this includes building, civil engineering and developments activities in the UK and construction activities in Canada.
This and other Carillion news releases can be found at www.carillionplc.com
For more information
John Denning, Director Group Corporate Affairs, Carillion plc + 44 (0) 1902 316426
Finsbury
James Murgatroyd or Gordon Simpson +44 (0) 207 2513801
This information is provided by RNS
Latest directors dealings
- 15 minutes ago Savills
- 35 minutes ago Everyman Media Group
- 1 hour ago Croda International
- 2 hours ago Diageo
- 2 hours ago IMI