Balfour Beatty takes £80m Hertfordshire schools scheme

Balfour Beatty has been appointed as preferred bidder by Hertfordshire County Council for their £80m schools scheme in Stevenage.The scheme involves the design, construction and provision of facilities management for two mainstream secondary schools and a special educational needs school.

All construction and facilities management will be carried out by Balfour Beatty. ICT equipment and services across all the schools will be delivered in conjunction with RM, a leading provider of ICT educational solutions.

The scheme is expected to start on site in February 2011, once the contract has reached financial close.

Balfour Beatty Chief Executive, Ian Tyler, said:

"We are delighted to be named as preferred bidder for the delivery of state-of-the-art facilities for three of Hertfordshire County Council's schools in Stevenage for which we are providing a range of services. It demonstrates the benefits of our integrated offer and our ability to continue to win work in the education sector.

"We are committed to delivering excellent design and value for all the schools and the local community."

Two of the schools will be co-located onto a single site and funded through a PPP route. Balfour Beatty will invest equity of £5 million into the 25-year concession to build and maintain these two schools. The company will also be responsible for the design, build and maintenance of the third school for 10 years.

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