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MOWLEM IS PFI FRONT RUNNER

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Redcar & Cleveland BC has named Mowlem as provisional preferred bidder for a£145m private finance initiative deal ...
Redcar & Cleveland BC has named Mowlem as provisional preferred bidder for a£145m private finance initiative deal to rebuild and refurbish six schools.

Mowlem has 28 days to supply additional information to the council, and will be declared preferred bidder if this is satisfactory, a spokesperson said.

The contract is worth£49m in construction work, and£96m for building maintenance over its 30-year term.

And rival contractor Jarvis has won a bid to provide a secondary school and public library for Croydon LBC. The building contract is worth£25m and Jarvis expects the 30-year facilities management contract to be worth£66m.
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