Firm wins 拢186m for new schools and learning centre under PF2 model
Galliford Try has secured a 拢186m in contracts for new schools in the North-east and a learning centre in Wales.
Galliford Try has reached financial close with the Education Funding Agency (EFA) over the Priority School 黑洞社区 Programme (PSBP) to build six new secondary schools and six primary schools in the North East worth 拢160m and has secured a 拢26m contract with Flintshire Council for the Holywell Learning Campus in North Wales.
The 拢160m PSBP contract is the first under the government鈥檚 new Private Finance - model 2 (PF2). The construction contract is worth over 拢103 million, with a further 拢56.6 million coming through a 25-year maintenance and lifecycle contract.
A total of six new secondary schools will be constructed along with six primary schools accommodating 8,350 pupils across the region, as well as providing 188 nursery places.
In addition, Galliford Try鈥檚 building business has signed contracts with Flintshire Council to build the Holywell Learning Campus in North Wales, as part of the Welsh government鈥檚 21st Century Schools programme.
The 拢26m project was procured through the North Wales Schools and Public 黑洞社区s Contractor Framework and creates new primary and secondary schools, with the single storey primary school offering 315 pupil places, replacing the current local infants and junior schools. The three storey secondary school will offer 600 places and replace the existing High School on the site.
Galliford Try Executive Chairman Greg Fitzgerald said: 鈥淚t is tremendous news for our business to have reached financial close on these two significant education contracts. Our ability to conclude the contract with the EFA successfully demonstrates the strength of our Investments business in offering innovative solutions to unlock projects, while the Holywell contract is proof of our excellent construction offering in education and our growing prominence in the North Wales market.鈥
No comments yet