The Walsgrave hospital scheme, designed by Nightingale Associates, is one of two large healthcare projects being undertaken by the consortium. The other is a £250m extension to Derby's City Hospital, due to start next year.
The Skanska and Innisfree consortium was selected as preferred bidder for the Derby project in August and will sign the deal in the spring. Skanska has, over the past year, been recruiting local skilled workers for the two jobs.
The Coventry hospital scheme is the first health PFI to retain the public sector employment model, meaning that workers doing private sector jobs will be employed on public sector terms.