Costain wins BSF JV contract

RNS Number : 1474I

Costain Group PLC

14 November 2008

 



Costain Group PLC

('Costain' or the 'Group')

Costain in Design & Build JV for three new primary schools in Bradford BSF

Costain, in collaboration with Bradford Metropolitan District Council and the Integrated Bradford Local Education Partnership, has signed Design and Build Contracts for three brand new Primary Special Schools in Bradford as part of the Government's Building Schools for the Future ('BSF') programme.

The Integrated Bradford LEP is a partnership between BMDC, Costain, Amey and BSFI.  The project has a value of £40m. Construction will be by a 50:50 JV between Costain and Ferrovial Agroman.

Work has already commenced on these schools under 'early works' agreements and is scheduled to be completed during 2009/2010.

The schools form part of Phase 2 of Bradford's BSF programme which focuses on 'inclusion' through the co-location of special schools within the mainstream education system. 

Commenting on the award, Andrew Wyllie, Chief Executive of Costain, said:

'We are delighted to be awarded the next phase of this exciting BSF contract. Education is an important sector for Costain and this award reinforces our strategy to focus on repeat order work with key customers.'

14 November 2008

 Enquiries:

Costain	Tel: [phone]
Andrew Wyllie, Chief Executive
Tony Bickerstaff, Finance Director
Graham Read, Public Relations
College Hill	Tel: [phone]
Mark Garraway
Adam Aljewicz

 

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