Galliford Try plc, the housebuilding and construction group, announces that its Morrison Construction business has achieved financial close on the £48.5 million Hub North Scotland Ltd contract with The Highland Council to deliver a community campus in Wick.
Morrison Construction will carry out the construction of The Wick Community Campus project which will replace the existing Wick High School, South Primary School, Pulteneytown Academy Primary School, the Carnegie Library and the community swimming pool. Construction has commenced on site and is expected to be completed by September 2016.
In addition, Galliford Try will invest £1.6 million in funding for the project and will provide ongoing hard facilities maintenance and lifecycle management services in a contract worth approximately £13 million over the 25 year concession period.
Galliford Try Executive Chairman Greg Fitzgerald stated: "We are delighted to have reached agreement with our partners at Hub North Scotland and the Highland Council on such an important project. Morrison Construction has a proven track record in providing public sector facilities across Scotland and we look forward to working with Hub North Scotland and the Highland Council to provide the high quality school and community facilities that the local community in Wick deserves."
For further enquiries:
Galliford Try - Greg Fitzgerald, Executive Chairman 01895 855001
Graham Prothero, Finance Director