Amey wins £250 million Northamptonshire schools PFI contract

04 January 2006
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Amey has been awarded a £250 million contract by Northamptonshire Council to supply total facilities management and life-cycle solutions for 41 primary and secondary schools across the region. Eleven schools will be new build with the remaining thirty schools refurbished or remodelled.

The largest grouped schools PFI of its kind In England, the overall contract is worth £1 billion to the Babcock & Brown led consortium of Amey, Babcock & Brown and Galliford Try. The contract which started on the 31st of December 2005, will run for 32 years and includes £200 million capital expenditure and £116 million PFI credits.

“The success we have seen in our other education contracts have shown that providing a first class school environment really does improve the learning experience.  Amey understands the importance of our work in this sector and looks forward to having a positive impact in Northamptonshire" said Mel Ewell, Chief Executive of Amey. "The award of this contract reflects not only the great work that has been done by Amey since we began working with Northamptonshire Schools in April but demonstrates the importance of having great experience in this sector.”

Amey’s participation in this project reflects the Company’s expanding reputation in the education sector and further enhances Amey’s schools PFI portfolio, which already includes major PFI projects in Glasgow, Edinburgh and Renfrewshire.

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