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| 05/11/2009 |
Morgan Sindall Named Preferred Bidder For Hull BSF Project |
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.gif) Esteem, which comprises Morgan Sindall's investments division Morgan Sindall Investments (MSIL), Robertson Capital Projects and the Sewell Group, has been chosen for the 25-year concession which involves the delivery of seven brand new schools along with major refurbishments to a further ten.
Morgan Sindall's construction business Morgan Ashurst is a key delivery partner on the project alongside Sewell Construction. The value of the project to Morgan Ashurst is approximately £200 million. Construction work will begin in February 2010 and is expected to complete in January 2014.
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Esteem expects to reach financial close on the scheme in late January 2010.
(CD/BMcC) |
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