8th May 2006 07:01
Carillion PLC08 May 2006 Carillion wins soft facilities management contract valued at £330 million forBritain's biggest hospital scheme Carillion's Sovereign Hospital Services has secured a £330 million facilitiesmanagement contract as part of the redevelopment of St. Bartholomew's Hospital,in the City of London, and the Royal London Hospital, Whitechapel. Known as Barts and The London, the redevelopment is Britain's biggest hospitalscheme under the UK Government's Private Finance Initiative.The contract, which will begin in July 2006 and includes the provision ofpatient and non-patient catering, cleaning, housekeeping, laundry, portering,receipt and distribution of goods, reception, security, telecommunications andtransport, is valued at £30 million per year for an initial term of 11 years ofthe 42-year concession period. Commenting on the contract win, John McDonough, Carillion's chief executivesaid: "We are delighted to be involved in the delivery of such essentialservices to Barts and The London NHS Trust which will manage the largest newhospital in the UK in the form of The Royal London as well as a Cancer andCardiac Centre of Excellence at St. Bartholomew's." Preliminary work has already begun and the first phase of construction isscheduled to be completed in 2010, with all construction finished in 2016. Thehospitals will remain in operation during the construction period. Notes to editors The redevelopment of Barts and The London is Britain's biggest hospital schemeunder the UK Government's Private Finance Initiative involving a £1 billionconstruction programme to be undertaken by Skanska, which is also responsiblewith its partners Innisfree and Equion (part of John Laing plc) for thefinancing, design, construction and operation of the hospitals for the 42-yearterm of the contract. Carillion is a leading provider of integrated solutions for buildings,infrastructure and services in the UK, with well-established businessesinternationally. As a FTSE 250 company with annual revenue in the region of £4billion and over 40,000 employees, the Group delivers high quality,cost-effective and sustainable solutions using its wide range of skills andresources. Its key target markets are health, defence, education and transport(rail and road infrastructure), building and facilities management and supportservices for public and private sector customers. Carillion is also a leader of Public Private Partnership projects and has aportfolio of 30 financially closed projects in which it has invested, or hascommitments to invest, a total of approximately £171million of equity For further information contact Paula Manning on 01902 316444 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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