Industry News - Carillion named preferred bidder on £450m hospital job

Thursday Dec 10

Carillion has been named preferred bidder for the £450 million redevelopment of Southmead Hospital in Bristol by the North Bristol NHS Trust.

A 50-50 joint venture between Carillion and Bank of Scotland Corporate will finance the new 800-bed acute hospital, for which Carillion will also provide design, construction, maintenance and facilities management services.

Carillion expects to invest up to £50 million of equity in the project and carry out the construction work to a value of approximately £430 million, plus £20 million advance works.

Carillion also expects to provide facilities management and lifecycle maintenance services worth some £170 million over the 30-year concession period.

Carillion chief executive John McDonough said: “Carillion has delivered over 50 PPP projects in the UK and Canada, including 18 hospitals and other healthcare facilities.

“We look forward to working with the North Bristol NHS Trust to create a hospital that will not only enable the Trust to deliver first class health care services to the region, but will also achieve the highest standards of sustainability.”

The new hospital, which also includes an integrated 28-bed community hospital, will concentrate acute services currently provided at Southmead and Frenchay hospitals on to a single site at Southmead in North Bristol.

Advanced construction work started in August this year, with the hospital due to open in early 2014. Carillion will also provide a fully landscaped site after removing the existing outdated buildings.

10 December, 2009 By Nick Whitten for construction News

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