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| Carillion appointed preferred bidder for South Ayrshire schools PPP contract Support services and construction company Carillion has been appointed preferred bidder for a PPP contract to build six new schools in South Ayrshire. Education For All, a joint venture between Carillion plc (47.5%), Bank of Scotland Corporate (47.5%) and Cyril Sweett Holdings Limited (5%), will design, build and operate six schools for South Ayrshire Council over a 32.5 year concession. The project involves design, build and maintenance of two new senior schools (Prestwick and Belmont), three new primary schools (Alloway, Barassie, and Monkton) and an extension to Kyle academy. Carillion will carry out the construction work worth £73 million over the course of two and a half years. In addition Carillion will invest some £4.5 million of equity in the project, which is expected to generate around £56 million of turnover for Carillion over the concession period. write your comments about the article :: © 2005 Construction News :: home page |