Nine contractors have scooped £500 million on the Cambridge University framework scheme, as part of the university’s current £600 million capital building project.
SDC, RG Carter, Quinn, Laing O’Rourke, Kier, Conamar, Bouygues, Bam and Balfour Beatty have all secured places on the framework, which will last for two years, with the potential for a further three year extension. The agreement has an overall value of £500 million.
The framework is broken down into three value bands: lot one, for projects ranging between £250,000 and £5m; lot two, for jobs in the £5m-£30m bracket; and lot three, for work valued at £30m-plus.
On the first lot, places have gone to SDC, RG Carter, Quinn, Kier and Conamar, while Barnes and Ashe Construction have been chosen as reserves.
SDC, RG Carter and Kier will deliver projects ranging from £5 million to £30 million in the second lot, while M+W Group, ISG, Bam Construct and Balfour Beatty have been named as reserves.
On the final lot, places have gone to Laing O’Rourke, Kier, Bouygues, Bam Construct and Balfour Beatty, who will deliver projects worth over £30 million.
Included in the framework is the construction of new laboratories, libraries and lecture spaces as well as work on accommodation, catering and sports facilities and conservation areas and listed buildings.
Mark Dady, Kier Construction Easter Managing Director, said that the group was “extremely pleased” to have been awarded a place on the framework.
Dady added: “We have an excellent working relationship with the university and are looking forward to the next phase of work with them.”
Meanwhile, the construction arm of Bedfordshire-headquartered Kier Group has been awarded three major construction frameworks totalling more than £5bn.
The listed company said the frameworks, which have been secured since its trading update on 4 July 2016, provide a long-term pipeline of potential contract awards.