Contractor's BSF work now totals £1.3bn as joint venture seals contract to deliver 13 new or refurbished schools over four years
A Carillion joint venture has achieved financial close on the £192m Rochdale Building Schools for the Future programme.
The scheme, which will deliver 13 new or refurbished schools over four years, brings the total value of BSF projects won by Carillion to about £1.3bn.
Carillion will carry out the building and refurbishment work for which the capital cost is about £180m and work is due to start this month. Rochdale council and Building Schools for the Future Investments LLP are its joint venture partners.
Carillion also expects to provide facilities management services for four privately financed schools among the 13, generating £12m of revenue over a 25-year period.
Carillion chief executive John McDonough said: “We are delighted to have secured financial close for this major programme. This latest success further consolidates Carillion's position as one of the UK's leading suppliers to the government's £55bn Building Schools for the Future programme.”
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