5th Jan 2005 09:36
AMEC PLC05 January 2005 AMEC JV preferred bidder for 750-bed Colchester PFI Hospital 5 January 2005: AMEC plc, the international project management and servicescompany, announces that its 50/50 joint venture with Innisfree has beenappointed preferred bidder for the new 750-bed NHS hospital in Colchester. Essex Rivers Healthcare NHS Trust and the AMEC/Innisfree joint ventureanticipate reaching financial close in Autumn 2005. Following this, the jointventure will award contracts to AMEC for building design, construction andrefurbishment and for long-term estate management services which, over the30-year concession period, are expected to be worth approximately £220 million.Work will commence immediately after financial close and involve a phaseddelivery leading up to final completion in late 2009. "We are delighted to have been chosen for this major new hospital scheme inColchester", said Sir Peter Mason, Chief Executive of AMEC plc. "It underlinesour successful track record in the provision of healthcare facilities,particularly through PFI projects, where we utilise AMEC's core skills todesign, deliver, operate and maintain highly complex facilities. We have alreadydelivered the UK's first PFI hospital in Carlisle and are in the final year ofcompleting Phase One of Central London's flagship University College of LondonHospital scheme." The new hospital will centralise acute services in the Colchester area. It willoccupy the site of the current Colchester General Hospital and will combine newbuild with retained sections of the existing NHS estate. Scheduled newfacilities include a state-of-the-art oncology unit, an accident and emergencycentre, an outpatients unit and staff and visitor restaurants. Bed numbers willbe increased by 70 from the 680 beds currently spread across various Trustlocations in the Colchester area. The joint venture will also undertakeextensive landscaping of the site and more than double the current car parkingcapacity. This will bring AMEC's UK PPP portfolio to 11 projects of which five areoperational with the remainder in the delivery stage. For further information: AMEC plc Tel: +44 (0)20 7634 0000 Neil Jamieson, Director of Investor Relations Juliet Sychrava, Director of Corporate Communications Charles Reynolds, Head of Media Relations P J Holland Company Secretary and Administration Director This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
AMFW.L