Project Information
Project description:

The project will see the Council participate in a local asset backed vehicle (LABV) with a private sector partner or consortium to deliver the Watford Health Campus re-development under a  master plan.

The scheme will include new hospital facilities for Watford and south-west Hertfordshire, regeneration of derelict land in west Watford, new employment space with the potential for 1,600 new local jobs, better access to improved open public space, 650 new homes including affordable housing, a neighbourhood centre and reduced traffic congestion.

Related headlines:
19/06/2013 - Watford LABV signs
31/08/2012 - Winner for Watford Health campus
29/02/2012 - Mott Mac pulls out of Watford LABV
12/01/2012 - Watford Health Campus shortlists four
05/07/2011 -LABV for Watford Health Campus

Type: PPP
Sector: Health
Government deptartment: UK - Department of Health
Region: UK - - East of England
Current status: Project Signed - 19/06/2013
Contract Terms
Duration: 30 years
Capital value: £300.00m
Public Sector Procuror Details
Authority/Commssioning body: Watford Borough Council
Public sector contact: Tom Dobrashian
Development Director
Tel: +44 (0)19 2327 8194

Ayesha Malik
Tel: +44 (0)19 2327 8408
Public sector advisors: Lovells - Legal Advisors
Nabarro - Legal Advisors
Grant Thornton - Financial Advisors
Drivers Jonas - Technical Advisors
Private Sector Details
Consortium name: Kier
Private sector shareholders: Kier Group - Shareholders
Private sector advisors: Pinsent Masons - Legal Advisors
KPMG - Financial Advisors
PwC - Financial Advisors
Gardiner & Theobald Management Services - Technical Advisors
Lambert Smith Hampton - Technical Advisors
Private Sector Shortlist
Consortium name: Chesham Estates
Private sector shareholders: Chesham Estates - Shareholders
Consortium name: Vinci
Private sector shareholders: Vinci - Shareholders
Consortium name: John Laing
Private sector shareholders: John Laing - Shareholders

This page was last updated on:
19 June 2013.


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