1st Aug 2007 12:49
Redstone PLC01 August 2007 Redstone plc ("Redstone" or the "Group") Redstone shortlisted for Birmingham BSF 1 AUGUST 2007 - Redstone plc, the national IT and Communications solutionsprovider, announces today that as part of a consortium led by Catalyst LendLease & Bovis Lend Lease, it has been shortlisted for the Building Schools forthe Future ("BSF") programme in Birmingham. The Birmingham BSF project will be responsible for the complete rebuild orremodel of 75 Birmingham secondary schools (of which some will be BirminghamAcademies) and 14 special secondary schools (including pupil referral units).The estimated capital value of the project (including Information andCommunication Technology ("ICT")) is £820m. If successful, Redstone in partnership with the City Council will be supplying acomplete IT & Communications solution that will supply each school with a fullyintegrated IP network, communications, IT and e-learning environment. Subject toGovernment approval the project will be split into 6 phases, with Phase 1 (10secondary schools, 1 special secondary school and 1 primary school) starting in2009 and Phase 2 (13 schools) starting in 2010. As with the Lancashire BSF project, Redstone's Converged Solutions, ManagedSolutions and Technology Divisions are working to provide a complete integratedICT solution for the consortium. It is expected that the preferred bidder willbe announced in May 2008. Martin Balaam, CEO, Redstone plc, commented, "Being shortlisted for theBirmingham BSF project shows yet again Redstone's ability to provide integratedIT & Communications Solutions. Following the successful bid for Lancashire BSF,which is worth up to £16m for 9 schools, we would be delighted to work on theredevelopment of Birmingham's 89 schools, one of the largest projects of thistype in the country. However we are aware that there is a distance to go yet andwe will continue our efforts in the build up to next summer's decision." ENQUIRIES: Redstone plc Tel. +44 (0)845 200 2200Martin Balaam, Chief Executive OfficerTim Perks, Chief Financial Officer Investec Tel. +44 (0)20 7597 4000James SandfordBen Poynter ICIS Limited Tel. +44 (0)20 7651 8688Tom Moriarty or +44 (0)7769 937 626Paul Youens This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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