| Project Information | |
| Project name: | WATFORD HEALTH CAMPUS LABV |
| 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. Financial close is scheduled for the end of 2012. Related headlines: |
| Type: | PPP |
| Sector: | Health |
| Government deptartment: | UK - Department of Health |
| Region: | UK - - East of England |
| Current status: | Preferred Bidder - 31/08/2012 |
| 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 E-mail: tom.dobrashian@watford.gov.uk Ayesha Malik Tel: +44 (0)19 2327 8408 E-mail: watfordhealthcampus@watford.gov.uk |
| 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 Plc - Shareholders |
| Consortium name: | John Laing |
| Private sector shareholders: | John Laing - Shareholders |
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League Tables
| Rank | Name | Total |
|---|---|---|
| 1 | John Laing | 4787 mill |
| 2 | Hitachi | 4500 mill |
| 3 | Kier Group | 1503 mill |
| 4 | SITA | 1289.8 mill |
| 5 | Amey Highways | 1210 mill |
