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19 Sep 2007
Balfour Beatty, the international engineering, construction and services group, announces today that its specialist healthcare concession company, Consort Healthcare, in conjunction with HSBC Infrastructure Fund Management Limited, has reached financial close on the £77 million Tameside and Glossop Acute Services NHS Trust PFI project in Greater Manchester.
The project is part of the “Northern Batch” Scheme, which comprises both Tameside and the £136 million scheme for the Salford Royal NHS Foundation Trust, which reached financial close last week.
Commenting on the financial close of the project, Balfour Beatty Chief Executive, Ian Tyler, said:
“The financial close of the Tameside Hospital project is the second part of the Northern Batch scheme, following last week’s close of the £136 million Salford project. We very much look forward to working with the Trust and to using our in-depth expertise in planning, constructing and operating PPP hospitals, to create the highest standards of patient care in Tameside.”
Tameside and Glossop Acute Services NHS Trust Chief Executive, Christine Green, said:
“This is excellent news. The new hospital facilities will see the realisation of the vision for healthcare that hospital clinicians and our partner organisations set out at the very start of our bid to achieve this major investment. I am absolutely delighted that this final approval means that we can now focus on delivering this vision for the people of Tameside and Glossop.”
In Tameside, Consort will redevelop and provide new buildings on the existing hospital site, under a 34-year PFI concession contract. Consort Healthcare (Tameside) will procure the design, construction, operation and maintenance of an acute hospital development, a new facility for older people with mental health problems, energy centre and surface car park facilities at the existing Tameside General Hospital site in Ashton-under-Lyne, Greater Manchester. As with Salford Hospital, the construction will be carried out by Balfour Beatty Construction, Haden Young will perform all the electrical and mechanical systems work and Haden Building Management will supply all facilities management services. The buildings have been planned to complement the existing estate and combine the retained buildings within an overall site master plan that will provide modern medical facilities for patients.
The facilities will provide both in-patient and out-patient accommodation, theatres, children’s facilities, an acute hospital development, a new facility for older people with mental health problems and other facilities.
Construction is due to commence immediately with an overall completion planned for 2011.
ENDS
Enquiries to:
Tim Sharp
Tel: 020 7216 6884
www.balfourbeatty.com
