Re Contract

RNS Number : 0597K

Balfour Beatty PLC

13 April 2010

 



BALFOUR BEATTY AWARDED HARTLEPOOL BSF CONTRACT

Balfour Beatty, the international infrastructure group, announces today that it has been awarded the initial scheme of the £95 million Hartlepool Building Schools for the Future (BSF) programme by Hartlepool Borough Council.

The Hartlepool BSF programme involves the rebuilding and replacement of six schools over the next five years.  Construction of the initial sample school, Dyke House Sports and Technology College, will begin this summer with completion by Christmas 2011.  

Commenting today Balfour Beatty Chief Executive, Ian Tyler, said:

"We are delighted to have been selected to deliver first-class learning environments for the students, teachers and communities of Hartlepool. We have made a commitment to regenerate and sustain the local economy as part of our contract and we look forward to delivering these commitments throughout the construction period."

The other schemes within the Hartlepool BSF programme include building, refurbishing or remodelling Catcote Business and Enterprise College (SEN), Manor College of Technology, High Tunstall College of Science, and English Martyrs School and Sixth Form College with a new pupil referral unit.

Balfour Beatty's commitment to developing local supply chains and apprenticeships as part of the contract was a determining factor in the award and forms part of Balfour Beatty's sustainability vision.

ENDS

Analyst/media enquiries:

Duncan Murray

Balfour Beatty plc

Tel [phone]

www.balfourbeatty.com

Notes to Editors:

1.	Balfour Beatty is the construction partner in a number of schools schemes including the BSF schemes in Hackney, Haringey and Greenwich with a total contract value of over £320 million and are framework contractors providing construction services to the £91 million scheme for North Lanarkshire Council, the £180 million scheme for Manchester City Council and the £100 million scheme in Liverpool.
2.	Balfour Beatty also has 11 PPP concessions in the education sector, five under the Building Schools for the Future (BSF) programme at Blackburn with Darwen and Bolton, Newcastle, Southwark, Islington and Knowsley, five in the UK under the previous PPP model at Stoke, Bassetlaw, Rotherham, Birmingham and North Lanarkshire and one in Singapore.  These programmes involve the construction of over 100 new schools and learning centres and upgrading and maintaining well over 100 others.  Balfour Beatty has over £60 million of committed equity in the sector.
3.	Balfour Beatty (www.balfourbeatty.com) is a world-class infrastructure group operating in construction services, professional services, support services and infrastructure investments. We work in partnership with our customers principally in the UK, the US, South-East Asia and the Middle East, who value the highest levels of quality, safety and technical expertise. Our key infrastructure markets include transportation (roads, rail and airports); social infrastructure (education, specialist healthcare, and various types of accommodation); utilities (water, gas and power transmission and generation) and commercial (offices, leisure and retail).  We deliver services essential to the development, creation and care of these infrastructure assets including investment, project design, financing and management, engineering and construction and facilities management services. Balfour Beatty employs more than 50,000 people around the world.

 

END

 

 

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