Contractor is selected as preferred bidder by Blackburn with Darwen and Bolton Councils
Balfour Beatty has been appointed preferred bidder on a £450m Building Schools for the Future programme by Blackburn with Darwen and Bolton Councils.
The 25-year-concession will involve the delivery of a major capital investment programme, comprising the building or remodelling of nine schools in Blackburn and Darwen by 2015.
Balfour Beatty will also build or remodel 15 schools, two special schools and seven pupil referral units in Bolton.
The firm will invest equity of £3.3m into the delivery of the first project, Pleckgate High School, with the potential for a total of up to £20m equity investment in the whole programme.