27th Jul 2005 12:49
Kier Group PLC27 July 2005 27 July 2005 KIER NAMED PREFERRED BIDDER FOR £75M NORWICH AREA SCHOOLS PFI PROJECT Kier Group, in partnership with Dexia Public Finance Bank, (Academy Services)has been named preferred bidder to provide five new primary schools and toextend and refurbish one high school for Norfolk County Council under a £75mprivate finance initiative (PFI) project. The Kier project team comprises PFI specialist Kier Project Investment,contractor Kier Eastern, and facilities management subsidiary Caxton as serviceprovider for the 25-year term. The construction element of the project isvalued at £37m. Kier Group chief executive John Dodds commented: "We are delighted to have beenannounced preferred bidder on this exciting new project for Norfolk CountyCouncil. With much experience in the education field we are keen to demonstratehow well the Kier Group companies work together to add value and deliver firstclass schemes." - ENDS - For further information, please contact: Deena MattarKier Group plc Tel: 01767 640111 Caroline SturdyMadano Partneship Tel: 020 7378 7033 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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