10th May 2005 13:05
Kier Group PLC10 May 2005 10 May 2005 Kier signs Sheffield PFI schools contract for £97m Kier Group plc, a member of the Academy Services (Sheffield) Ltd consortiumcomprising Dexia Public Finance Bank and Kier Group, has signed a contract tobuild four new schools for Sheffield City Council under the private financeinitiative (PFI). The project is valued at £97m. The Kier project team comprises PFI specialist Kier Project Investment,contractors Kier Northern and Kier Build, and facilities management subsidiaryCaxton as service provider for the 25-year term. Commenting, Kier Group Chief Executive John Dodds, said: "We look forward toworking closely with Sheffield City Council in the provision of these newschools and aim to demonstrate how well our companies work together to add valueand deliver success." Kier has a strong presence in Sheffield; the company, as part of Kier SheffieldLLP, undertakes the outsourcing of the City Council's buildings repairs andmaintenance for its 60,000 council houses. - ENDS - For further information, please contact: John Dodds, Chief Executive Kier Group plc Tel: 01767 640111 Deena Mattar, Finance Director Kier Group plc Tel: 01767 640111 Caroline Sturdy Madano Partnership Tel: 020 7378 7033 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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