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| Balfour Beatty reaches financial close for the UK fire service’s biggest PPP project Balfour Beatty, the international infrastructure group, announces that it has reached financial close for the North West Fire and Rescue Services PPP scheme, the capital value of which is approximately £48 million. North West Fire and Rescue Services comprises Cumbria County Council, Lancashire Combined Fire Authority and Merseyside Fire and Rescue Authority. The 25-year concession will involve the design, construction, funding and provision of facilities management for 16 community fire stations, of which seven are in Merseyside, five in Cumbria, and four in Lancashire. As well as modernised operational facilities, the stations will provide resources for community use, such as meeting rooms, multi-function lecture rooms and gyms. The stations will be constructed on a mixture of new and existing sites in a range of locations from rural stations with retained crews, to busy inner-city stations with full-time crews. Construction of five of the fire stations will begin in February 2011, with all construction work to be completed by 2013. write your comments about the article :: © 2011 Construction News :: home page |