UK
Ireland
Scotland
London
Construction News
26/04/2007
Robertson Capital Reaches Close On £100M Schools Project
Robertson Capital Projects has reached financial close with Dundee City Council on a £100 million schools PPP project.
The deal has been closed as part of the Discovery Education consortium that includes Sir Robert McAlpine, Robertson Construction Tayside, Robertson Construction Central, Robertson Capital Projects and Robertson Facilities Management.
The joint-venture partnership will see the delivery of six new primary schools and two new secondary schools in Dundee.
Phase one of the project is expected to be completed by January 2008 and phase two by January the following year.
Funding for the project will be secured by a bond placed by Robertson Capital Projects and Sir Robert McAlpine PFI. Dundee City Council will also have a small equity stake in the scheme.
Robertson Construction will deliver the majority of the design and build contract, with Sir Robert McAlpine constructing one secondary school.
Robertson FM will provide a range of services throughout the 30-year project duration in partnership with Tayside Contracts - a public sector company owned by Dundee, Perth and Angus councils.
Each of the Robertson companies are part of the Robertson Group.
Robertson Group has already established a strong position in the Scottish Schools PPP marketplace, delivering phases one and two of the £72 million Aberdeenshire Schools PPP projects and reaching financial close on the £50 million Angus Schools project.
However the Stirling-based company has seen a step-change in the size of its contracts since undertaking partnership ventures with large national organisations.
As well as Dundee Schools, Robertson Capital Projects and Robertson Facilities Management – as part of the Aura consortium that includes Sir Robert McAlpine and Parsons Brinkerhoff – have been appointed preferred bidder in the £200 million Newcastle Building Schools for the Future project.
Robertson Group executive chairman, Bill Robertson, welcomed the conclusion of final contract negotiations with Dundee City Council.
He said: “We have assembled a highly experienced and fully integrated supply chain combining project management, investment, construction and facilities management services who have worked in partnership with Dundee City Council and our joint-venture partner Sir Robert McAlpine towards financial close.
“And we expect to continue this positive relationship during the construction delivery stage and thereafter into school facilities management operations over the 30-year life of the contract.”
Phase one construction work is due to commence immediately following advanced preparation work.
The executive chairman added: “Our schools design philosophy will create facilities that promote the principles of environmental sensitivity and contribute positively to the development of pupil awareness.
“This will deliver a physical environment which reflects the commitment of Dundee City Council to lifelong learning, and which will be complementary to the efforts of the schools’ teaching staff.”
(CD/SP)
The deal has been closed as part of the Discovery Education consortium that includes Sir Robert McAlpine, Robertson Construction Tayside, Robertson Construction Central, Robertson Capital Projects and Robertson Facilities Management.
The joint-venture partnership will see the delivery of six new primary schools and two new secondary schools in Dundee.
Phase one of the project is expected to be completed by January 2008 and phase two by January the following year.
Funding for the project will be secured by a bond placed by Robertson Capital Projects and Sir Robert McAlpine PFI. Dundee City Council will also have a small equity stake in the scheme.
Robertson Construction will deliver the majority of the design and build contract, with Sir Robert McAlpine constructing one secondary school.
Robertson FM will provide a range of services throughout the 30-year project duration in partnership with Tayside Contracts - a public sector company owned by Dundee, Perth and Angus councils.
-- Advertisement --
Each of the Robertson companies are part of the Robertson Group.
Robertson Group has already established a strong position in the Scottish Schools PPP marketplace, delivering phases one and two of the £72 million Aberdeenshire Schools PPP projects and reaching financial close on the £50 million Angus Schools project.
However the Stirling-based company has seen a step-change in the size of its contracts since undertaking partnership ventures with large national organisations.
As well as Dundee Schools, Robertson Capital Projects and Robertson Facilities Management – as part of the Aura consortium that includes Sir Robert McAlpine and Parsons Brinkerhoff – have been appointed preferred bidder in the £200 million Newcastle Building Schools for the Future project.
Robertson Group executive chairman, Bill Robertson, welcomed the conclusion of final contract negotiations with Dundee City Council.
He said: “We have assembled a highly experienced and fully integrated supply chain combining project management, investment, construction and facilities management services who have worked in partnership with Dundee City Council and our joint-venture partner Sir Robert McAlpine towards financial close.
“And we expect to continue this positive relationship during the construction delivery stage and thereafter into school facilities management operations over the 30-year life of the contract.”
Phase one construction work is due to commence immediately following advanced preparation work.
The executive chairman added: “Our schools design philosophy will create facilities that promote the principles of environmental sensitivity and contribute positively to the development of pupil awareness.
“This will deliver a physical environment which reflects the commitment of Dundee City Council to lifelong learning, and which will be complementary to the efforts of the schools’ teaching staff.”
(CD/SP)
Latest Construction News
05/02/2025
Stockport Mayoral Development Corporation (MDC) and ECF, a joint venture between Homes England, Legal & General, and Muse, have selected Vinci as the preferred contractor for Phase 1 of Stockport 8, a £350 million residential development west of Stockport town centre.
The decision follows a competi
05/02/2025
Vistry Group has finalised contracts for a significant housing development in Hinckley, Leicestershire, securing outline planning permission to deliver 475 new homes in the area.
The development, located east of Stoke Road and north of Normandy Way in the town's northern region, has a projected val
05/02/2025
Wilten Construction has been awarded a second Design and Build contract at Gateway 14 by client Gateway 14 Ltd and Jaynic.
The project involves the development of a state-of-the-art, three-storey Skills and Innovation Centre spanning 35,000 sq ft in the heart of Gateway 14. Designed to achieve BREE
05/02/2025
Knowsley Council has approved a major housing development in Kirkby, giving the green light to 800 new energy-efficient homes in the town's centre.
The decision also secures £7.7 million in Section 106 contributions from developer Barratt David Wilson Homes, further boosting local investment.
The
05/02/2025
Keepmoat Homes has announced plans to invest over £50 million in three new housing developments across Calderdale, aiming to deliver more than 200 new homes.
The developments, undertaken in partnership with Calderdale Council, form part of the North Halifax Transformation Programme, a local authori
05/02/2025
Essential renewal work at Skerne Road level crossing in Driffield has been completed. Over a six-day period, engineers replaced decades-old equipment, installing a state-of-the-art operating system, replacing the level crossing deck, and resurfacing the road.
The newly installed operating system is
05/02/2025
Construction firm GRAHAM is currently carrying out essential restoration work at the National Railway Museum in York, replacing the Grade II listed roof structure at Station Hall.
Originally built between 1875 and 1877 as a goods station, Station Hall now houses the museum’s six royal carriages.
05/02/2025
Mezzanine floors are commonly associated with additional storage or expanded floor space, but did you know they can also have a profound impact on employee productivity and morale? At Doity Engineering, we specialise in designing and installing mezzanine floors for
05/02/2025
Construction work is commencing on a new solar array at Weeton Barracks in Lancashire that will generate over one third of the site’s energy needs.
The work has been funded under the British Army’s Project Prometheus, a scheme that is increasing renewable energy across the army estate through inst
05/02/2025
The regeneration of Hartlepool's waterfront has reached a significant milestone with a £631,000 grant from The National Lottery Heritage Fund.
The funding will support the development phase of the 'Tides of Change' project, aimed at transforming the visitor experience at the Museum of Hartlepool a
