02/05/2013 01:30 PM
The long-awaited construction of the Royal Liverpool Hospital is set to get underway after a preferred bidder for the construction phase was selected.
Carillion has secured the contract after beating off competition from Horizon consortium, made up of Interserve, John Laing and FCC, to land the main building of the new facility. Officials explained that the plans will come to fruition thanks to a mix of private and public funding, as opposed to mainly Private Finance Initiative (PFI), which was initially discussed during the early stage of the project. It is expected to reach a "financial close" by January 2014, with the main work set to start soon after this point.
Officials explained that the move will provide a major employment boost on Merseyside with around 750 full-time jobs expected to be create during the four years it will take to construct the hospital. It will be situated next to the current main health facility, with a completion date being earmarked for 2017.
It is estimated to cost £335 million to construct with £124 million being paid through a PFI, of which half could come from the European Investment Bank. The rest of the funds will be raised by the Department of Health (£100 million) and the Trust (£110 million).
Once finished, the new Royal will become the largest hospital in England and have the privilege of being one of the very few that can offer all single en-suite bedrooms for patients. This facility is designed to improve privacy and dignity for patients and also help to reduce the chance of infection spreading.
Richard Howson, chief executive of Carillion, said: “The new Royal will also enable the delivery of the Liverpool BioCampus, a pivotal development for the north-west and a key part of the regeneration of the Knowledge Quarter. We are thrilled to be part of such an exciting future for the city. ”
The move provides a major boost for Liverpool, as the new and improved hospital will offer the very best service and the latest technologies for patients in the near area and further afield.
Contact us for a security fencing quote.
Carillion has secured the contract after beating off competition from Horizon consortium, made up of Interserve, John Laing and FCC, to land the main building of the new facility. Officials explained that the plans will come to fruition thanks to a mix of private and public funding, as opposed to mainly Private Finance Initiative (PFI), which was initially discussed during the early stage of the project. It is expected to reach a "financial close" by January 2014, with the main work set to start soon after this point.
Officials explained that the move will provide a major employment boost on Merseyside with around 750 full-time jobs expected to be create during the four years it will take to construct the hospital. It will be situated next to the current main health facility, with a completion date being earmarked for 2017.
It is estimated to cost £335 million to construct with £124 million being paid through a PFI, of which half could come from the European Investment Bank. The rest of the funds will be raised by the Department of Health (£100 million) and the Trust (£110 million).
Once finished, the new Royal will become the largest hospital in England and have the privilege of being one of the very few that can offer all single en-suite bedrooms for patients. This facility is designed to improve privacy and dignity for patients and also help to reduce the chance of infection spreading.
Richard Howson, chief executive of Carillion, said: “The new Royal will also enable the delivery of the Liverpool BioCampus, a pivotal development for the north-west and a key part of the regeneration of the Knowledge Quarter. We are thrilled to be part of such an exciting future for the city. ”
The move provides a major boost for Liverpool, as the new and improved hospital will offer the very best service and the latest technologies for patients in the near area and further afield.
Contact us for a security fencing quote.
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