22nd Mar 2006 10:10
Kier Group PLC22 March 2006 Kier signs Norwich Area Schools PFI contract for £79m Kier Group plc, a member of the Academy Services (Norwich) Ltd consortium,comprising Dexia Public Finance Bank and Kier Group, has signed a contract tobuild six new schools for Norfolk County Council under a £79m private financeinitiative project. The construction element of the project is valued at £41m. The Kier project team comprises PFI specialist Kier Project Investment, buildcontractor Kier Eastern and facilities management subsidiary Kier ManagedServices Limited as service provider for the 25-year term. Commenting, Kier Group Chief Executive John Dodds, said: "We are very pleased tohave signed this contract with Norfolk County Council for the provision of thesenew schools, which will again demonstrate the integrated solution the Kier Groupis able to offer both our public and private sector clients in the provision ofa first-class product." ENDS For further information, please contact: Deena MattarKier Group plc Tel: 01767 640111 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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