|Project name:||ISLE OF WIGHT HIGHWAYS PFI|
Upgrade, manage and maintain 803km of highways and 827km of public rights of way as well as 11,700 street lighting columns and a further 2,600 illuminated street furniture items.
All of the Island's public road network will be rebuilt or resurfaced as will every pavement, kerb and cycleway.
The Highways PFI work will be carried out under the name Island Roads. Works will start in April 2013.
|Sector:||Roads & streetlights|
|Government deptartment:||UK - Department for Constitutional Affairs|
|Region:||UK - - South East|
|Current status:||Project Signed - 27/09/2012|
|Public Sector Procuror Details|
|Authority/Commssioning body:||Isle of Wight Council|
|Public sector contact:||Jay Jayasundara - Project Director
Tel: +44 (0)1983 821 000 ex. 6602
Tel: +44 (0)1983 823 793
Anthony Hiscock (Technical advisory services contract)
Tel: +44 (0)1983 821 000
E-mail: email@example.com; firstname.lastname@example.org
|Public sector advisors:||PwC - Financial Advisors
WSP UK - Technical Advisors
DLA Piper - Legal Advisors
|Private Sector Details|
|Consortium name:||Island Roads Services|
|Private sector shareholders:||Vinci Concessions - Shareholders (50% stake)
Meridiam - Shareholders (50% stake)
|Private sector sub-contractors:||Ringway Highway Services - Subcontractor - Construction
|Private sector debt-providers:||Bank of Tokyo Mitsubishi UFJ - Debt Providers
KfW IPEX Bank - Debt Providers
DZ Bank - Debt Providers
Sumitomo Mitsui Banking Corporation - Debt Providers
|Private Sector Shortlist|
|Consortium name:||Wight Highways Partnership|
|Private sector shareholders:||Colas Ltd - Shareholders
Lloyds Banking Group - Shareholders
URS Scott Wilson - Shareholders
Aggregate Industries - Shareholders
Most Read Stories
Corbynmania: The final nail in PFIís coffin?
As the Labour leadership frontrunnerís bandwagon continues to roll, his popularity offers another chance to attack privately financed infrastructure
In Scotlandís Future he Trusts
Heís the man at the top of the Scottish Futures Trust, but Sir Angus Grossartís roles, interests and experiences take him to the heart of all Scottish life.