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| Balfour Beatty appointed for Hertfordshire schools PPP scheme British building giant Balfour Beatty announces that it has been appointed as preferred bidder by Hertfordshire County Council for their £80 million 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. 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. write your comments about the article :: © 2010 Construction News :: home page |