Morgan Sindall PLC
19 July 2004
MORGAN SINDALL PLC
Morgan Sindall JV awarded Camden & Islington NHS LIFT
Morgan Sindall Plc announces that as part of Community Solutions for Primary
Care (CSPC), a joint venture between Morgan Sindall plc, Apollo Medical Partners
and Barclays European Infrastructure Fund, it has signed a 20-year partnering
agreement with Camden Primary Care Trust and Islington Primary Care Trust to
provide primary health and social care facilities in Camden and Islington,
London under a pioneering NHS Local Improvement Finance Trust (NHS LIFT)
agreement.
Morgan Sindall's construction company, Bluestone, is the design and construct
framework partner and will carry out construction works totalling some £50
million over the next five years.
Contracts with a value of £5 million, for completion within 12 months, have
also been signed for the development of two facilities at Hanley Road and
Bingfield Street.
Paul Smith, Chief Executive, commented:
'This is the second NHS LIFT project we have secured and clearly demonstrates
that our focus on this area is proving successful. We anticipate further wins as
we concentrate on building our leading position in this important and growing
market.'
19 July 2004
ENQUIRIES:
Morgan Sindall plc Tel: 020 7307 9200
Paul Smith, Chief Executive
College Hill Tel: 020 7457 2020
Matthew Smallwood
Notes to Editors:
NHS LIFT is a major new initiative for the Department of Health. The Department
and Partnerships UK has formed a national joint venture company - Partnerships
for Health to develop and encourage a new market for investment in primary care
and community based facilities.
Bluestone is a member of construction brands group Morgan Sindall plc, which
operates a national network of fit-out, construction, affordable housing and
infrastructure services divisions.
Through a network of local offices in England and Wales, Bluestone provides
consistent high quality construction services to private and public sector
clients. The company's sector expertise is in education, health, industry,
commercial retail and residential construction where it undertakes new build,
refurbishment and maintenance projects under a variety of procurement routes.
This information is provided by RNS
The company news service from the London Stock Exchange
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