Contract includes building or refurbishment of eight secondary schools and 25-year facilities management agreement

Carillion has sealed the contract for a £208m Building Schools for the Future (BSF) programme in Nottingham.

The company said it had reached financial close on a deal to deliver eight secondary schools through new-build and refurbishment.

Carillion will carry out construction work, valued at £180m, and provide facilities management services for three of the schools, worth around £28m over 25 years.

Three new-build academies are also thought to be in the pipeline as part of the project, which is being carried out with partners Nottingham city council and Partnerships for Schools.

Construction will start this month and completion is expected in 2010.

John McDonough, chief executive of Carillion, said: “We are delighted to have achieved financial close on our second project under the BSF programme, which we expect to be a strong growth area for the group.

“We have built an excellent partnership with Nottingham city council and now look forward to helping them deliver their education vision of sustainable and state-of-the-art community-focused schools.”