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Virgin Credit Card:
Market Cap
£739.49m
Change Today
-1.50p ()
Share Price
187.00p
Re Contract
7 October 2008
Further contract successes for Carillion in the education sector worth around £100 million.
Carillion has been appointed preferred bidder for the £42 million Basildon Academies contract by Essex County Council. This project involves both refurbishment and new build work for two federated secondary schools, Barstable School and Chalvedon School, in East Basildon. These schools will become academies in September 2009. Work on Barstable School is scheduled for completion by December 2009 and on Chalvedon School by December 2011.
In addition, Aston University has awarded Carillion a £57 million contract to build high quality student accommodation in Birmingham, comprising a total of 1,307 student rooms on the main university campus. Work on the new accommodation will be completed by August 2010.
Commenting, Carillion Chief Executive, John McDonough, said: "Education is an important growth area for Carillion and we have established a leading position in this market, particularly in the Building Schools for the Future programme, which includes the new Academies.
"We are delighted to have been selected by Essex County Council and Aston University for these important projects and look forward to working with them to provide exciting new facilities that will support their objectives for educational excellence"
For further information contact
Carillion is the UK's leading support services company with a substantial portfolio of Public Private Partnership projects and an extensive construction business. The Group has annual revenue of around £5 billion, employs some 50,000 people and operates across the UK, in the Middle East, Canada and the Caribbean.
In the UK, Carillion's principal market sectors are Defence, Education, Health, Facilities Management & Services, Rail, Roads, Building, Civil Engineering and Utilities Services.
In the Middle East, Carillion's principal market sectors are Construction and Facilities Management. In Canada and the Caribbean, the Group's main sectors are Health, Roads Maintenance and Construction.
Carillion's portfolio of equity investments in Public Private Partnership projects includes projects in the UK and Canada, particularly in the Defence, Education, Health and Transport sectors.
In the inaugural Sunday Times Best Green Companies Awards in May 2008, Carillion secured first place in the category for large and medium-sized companies with high environmental impact and second place overall.
This and other Carillion news releases can be found at www.carillionplc.com
This information is provided by RNS