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Balfour Beatty constructs a new wing at Victoria Hospital in Kirkcaldy

Balfour Beatty, the international engineering, construction and services group, announces that Consort, its specialist PPP healthcare subsidiary, has been selected as preferred bidder for the £152 million Fife General Hospital and Maternity Services PPP project by NHS Fife.

Under the 30-year concession, Consort will provide a new wing to Victoria Hospital in Kirkcaldy, including 11 operating theatres, an emergency care centre, 13 wards, surgical and medical assessment units, a maternity unit, a women and children's unit, day intervention, critical care, coronary care and renal and dialysis facilities.

The construction of the new wing, including all building services, will be carried out by a joint venture of Balfour Beatty Group companies, Balfour Beatty Construction and Haden Young. The project is due for completion in 2010. The maintenance and facilities management for the scheme will be provided by Haden Building Management, another Balfour Beatty subsidiary. Balfour Beatty Capital, the Group's infrastructure investment arm, will invest £7.5 million of equity in the project, as will HSBC, its financial partner.



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