PB confirmed for Durham uni

Durham University has confirmed its preferred bidder for a student accommodation PPP.

Interserve, Campus Living Villages and Equitix will design, build, finance and operate the £85m Mount Oswald project.

Sources familiar with the project confirmed to Partnerships Bulletin last week that the consortium had been chosen for the contract award.

The consortium will deliver two residential facilities with 1,000 bed spaces as well as extra academic areas, under a 50-year term.

Jane Robinson, chief operating officer at Durham University, said: “The development of two new colleges at Mount Oswald is a key project in delivering a wider student experience as good as anywhere in the world. We are very pleased to be working with the consortium to deliver this project.”

Campus Living Villages will provide facilities management services.