Galliford Try to build two UK Govt projects worth £101m
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https://constructionwave.co.uk/2024/05/31/galliford-try-to-build-two-uk-govt-projects-worth-101m/ |
Galliford Try has announced it has signed two new building contracts with the British Government, with a combined value of £101 million.
First, the group’s Building Southern business has reached financial close with the Home Office for a £70 million contract to reopen Campsfield House immigration centre near Oxford.
Secondly, the Building East Midlands business has been appointed by the Defence Infrastructure Organisation (DIO) to undertake the £31 million PRIDE 2 project at RAF Wyton near St Ives in Cambridgeshire.
The scheme consists of a combination of refurbishment and creation of new secure office space for UK Strategic Command.
Bill Hocking, chief executive of Galliford Try, said: “We are delighted to be working with our partners at the MOJ, Home Office and DIO on these two significant projects.
“These appointments, in key markets for our Sustainable Growth Strategy, are testament to our strong track record in collaborating successfully with both organisations, and we look forward to working with all the stakeholders to create high-quality outcomes for all those involved.”
In other news, Galliford Try also recently outlined its vision for business growth over the next five years and the markets it will invest in to see it through, including Affordable Homes.
Hocking said the move will help the group deliver a 4 per cent margin increase across the business and exceed revenue of £2.2 billion by 2030, up from £1.4 billion today.
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The post Galliford Try to build two UK Govt projects worth £101m appeared first on Construction Wave.
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