Carillion wins Bristol hospital gig

10th Dec 2009 07:18

Carillion, the support services and construction firm, has won preferred bidder status for the Southmead Hospital public/private partnership development project in Bristol.The company, operating in a 50-50 joint venture with Lloyds Banking subsidiary Bank of Scotland Corporate, will finance the new 800-bed hospital.Carillion will also provide design, construction, maintenance and facilities management services for the £450m project.The company expects to plough in up to £50m of equity into the project and do around £430m of construction work, plus £20m advance works.Facilities management and life cycle maintenance services should be worth around £170m over the 30-year concession period.The hospital is due to start in 2014.