Project Information
Project name: UK: Hartlepool and Stockton Hospital
Project description:

North Tees and Hartlepool NHS Foundation Trust has announced that it is “pausing the development work” on its planned new hospital. 

The Momentum New Hospital Project consists of developing a new super hospital for Teesside at Wynyard Park, near Stockton. The project aims to replace two existing hospitals, University Hospital of Hartlepool and University Hospital of North Tees.

Plans for the new £300m Wynyard hospital have been in the pipeline for several years, having been developed as a wholly capitally funded project, a PFI and a wholly pension fund-backed solution before the PF2 package was created. 

Related headlines:

24 October 2014 - Hartlepool hospital ‘paused’ 

18 June 2014 - Hunt dodges Hartlepool hospital timeframe
31/10/2013 - Hartlepool trust seeks hospital TAs
19/07/2013 - Concerns grow over Hartlepool hospital
02/07/2013 - Hartlepool hospital seeks govt support
22/04/2013 - One bidder for Hartlepool hospital
12/12/2012 - Three shortlisted for Hartlepool hospital PPP
18/09/2012 - Hospital seeks pension fund investment
30/04/2012 - Hospital looks to pension funding
28/01/2011 - Hartlepool hospital backs PFI
12/12/2012 - Three shortlisted for Hartlepool Hospital PPP 

Type: PPP
Sector: Health
Region: UK - - North East
Current status: On Hold - 24/10/2014
Contract Terms
Duration: 30 years
Capital value: £464.00m
Public Sector Procuror Details
Authority/Commssioning body: North Tees and Hartlepool NHS Foundation Trust
Public sector contact: Virginia Taylor
Tel: +44 (0) 164 238 3585

Technical adviser procurement:
Jane Hawkes
Telephone: +44 1642383760
Public sector advisors: Turner & Townsend Group - Technical Advisors
Ward Hadaway - Legal Advisors
EY - Financial Advisors
Private Sector Shortlist
Consortium name: Brookfield Multiplex
Private sector shareholders: Brookfield Multiplex - Shareholders

This page was last updated on:
28 October 2014.


A right Carilli-on

The firmís woes go to show that PPP deals are not the risk-free cash cows opponents like to imagine them to be


The Insurance Man

Darryl Murphy, head of debt investment at Aviva Investors discusses where he intends to take the organisation next


Register now to get un-restricted access to all sections of the website.

Want to see more first? Try our free preview...