Re Contract

RNS Number : 1433V

Galliford Try PLC

11 December 2013

 



GALLIFORD TRY REACHES FINANCIAL CLOSE ON £34 MILLION EDINBURGH SCHOOL DEVELOPMENT

Galliford Try plc, the housebuilding and construction group, announces that its Scottish business Morrison Construction has reached financial close on a project to deliver £34 million of construction services for the redevelopment of James Gillespie's High School in Edinburgh.

Under the project, Morrison Construction will be working for hub South East Scotland Ltd a public/private development company on behalf of the City of Edinburgh Council.

Due for completion by summer 2016, the project involves the demolition of the existing school buildings and the construction of a new teaching block as well as brand new sports and performance buildings on the campus over two phases. In addition, the Grade A-listed Bruntsfield House at the centre of the campus will undergo a major refurbishment.

In addition to the construction award, Galliford Try's Facilities Management business will provide ongoing hard facilities maintenance and lifecycle management services to the City of Edinburgh Council for the new school in a contract worth approximately a further £10 million over the 25-year concession period.

Galliford Try Chief Executive Greg Fitzgerald stated: "Our relationship with hub South East Scotland Limited is an important element of our Morrison business in Scotland and we are pleased to be selected for this significant education project for Edinburgh. We will continue to work with our public and private sector colleagues in Scotland to find innovative ways of delivering these projects that are so beneficial for local communities."

For further enquiries:

Galliford Try -                 Greg Fitzgerald, Chief Executive              01895 855001

                                    Graham Prothero, Finance Director

Notes to Editors

Galliford Try plc is a leading UK housebuilding and construction group. It is listed on the London Stock Exchange and a member of the FTSE 250. The housebuilding business - through its Linden Homes brand - sells distinctive homes to the public and affordable homes to housing associations and local authority providers across the South and South East of England.  The construction business carries out building and infrastructure work across the UK with clients ranging from major Government departments through to regulated utilities and private sector companies. At the end of the last financial year to 30 June 2013, the Group generated revenues of £1.5 billion.

 

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