Re Contract

RNS Number : 2980Z

Galliford Try PLC

12 January 2011

 



GALLIFORD TRY SECURES £30 MILLION OF AFFORDABLE HOUSING WORK ACROSS DELIVERY PARTNER PANEL'S THREE REGIONS

Galliford Try plc, the housebuilding and construction group, has secured three regeneration projects totalling £29.9 million through the Homes and Community Agency's Delivery Partner Panel across all three of its regional clusters.

The first project which in the Southern cluster and is worth £18.4 million will see Galliford Try build 137 homes and a commercial unit in Camborne, Cornwall for the Homes and Communities Agency through the DPP southern Cluster. All homes will be built to Code for Sustainable Homes Level 4 with work starting on site in July 2011 and completion expected by December 2013.

In the Central Cluster Galliford Try has been appointed preferred bidder through the HCA's central Delivery Partner Panel Cluster on Birmingham Public Land Initiative South, a £9 million project for Birmingham City Council which will involve building 79 homes.  Each home will be built to Level 4 of the Code for Sustainable Homes.  Work on site will start in March 2011 and completion is expected in May 2012.

Finally within the Northern Cluster, Galliford Try has secured a £2.5 million contract to build 25 affordable homes and homes for older people in Carlisle Street, Gateshead for Gateshead Borough Council. Work will start on site in March with expected completion in Spring 2012.

Galliford Try Chief Executive Greg Fitzgerald commented:

"Securing these three projects across the three Delivery Partner Panel regions demonstrates the value of our position on the Homes and Communities Agency's Delivery Partner Panel and re-enforces our leading market position in affordable homes and regeneration."

Steve Carr, head of economics and new business at the Homes and Communities Agency said:

"The Delivery Partner Panel is helping to ensure the whole procurement process is more efficient and cost effective for both the HCA and other organisations using the panel. We have received extremely positive feedback and with the procurement process being fast-tracked, public sector organisations are able to make substantial project cost savings by choosing to select developers through the panel rather than follow a traditional procurement route."

For further enquiries:

Galliford Try -                             Greg Fitzgerald, Chief Executive              01895 855001

                                                Frank Nelson, Finance Director

Tulchan Communications -          Mal Patel, Matthieu Roussellier               020 7353 4200

 

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