11th Mar 2015 07:42
LONDON (Alliance News) - Galliford Try PLC on Wednesday said it has reached financial close on the North East batch of the Priority School Building Programme and has reached a deal with Flintshire Council on the Holywell Learning Campus in North Wales.
The GBP160 million Priority School Building Programme contract, agreed with the Education Funding Agency, will see Galliford handle the construction of the schools being built in the North East of England under the programme, along with the ongoing maintenance of the schools for 25 years.
The Holywell contract will see Galliford handle the construction of a single storey primary school unde the Welsh Government's 21st Century Schools programme. That contract is worth GBP26 million.
"It is tremendous news for our business to have reached financial close on these two significant education contracts," said Greg Fitzgerald, Galliford's executive chairman.
"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," Fitzgerald added.
By Sam Unsted; [email protected]; @SamUAtAlliance
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