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£8 MILLION PFI HEALTH SCHEME FOR KVAERNER

Press release 20/02/1998 00:00 CET

Kvaerner Construction has been awarded an £8.5 million contract to design and construct a Neighbourhood Health Unit in Chepstow, Gwent for Glan Hafren NHS Trust - the first of its type for Wales.

The scheme is being carried out under the Government’s Private Finance Initiative (PFI) and was one of the first tranche of PFI health projects announced by The Secretary of State for Health last June.

The contract winning consortium is being led by King & Co Financial Services Limited and includes Select Facilities Services Limited. The scheme is being funded by the Royal Bank of Scotland. The consortium is being advised by King Sturge & Co, Chartered Surveyors.

Kvaerner Construction is the main contractor and has been working closely with the consortium and the trust over the last two years to develop a design and supporting service package to bring the project to this successful contract award and financial close.

The 86-bed Neighbourhood Health Unit is to be built on the site of the former Mount Pleasant Hospital and will provide a direct and integrated link between local hospital services and the general practitioner for a population of around 30,000.

Facilities available will include, day hospital, out-patient and therapy services, x-ray department and a minor casualty unit.

Detailed design will start immediately with construction work due to commence late summer. The project is scheduled for completion at the end of 1999.

The David Hutchison Partnership and Kennedy & Donkin have been employed by Kvaerner Construction as Architect and Mechanical, Electrical, Civil & Structural Engineer respectively.

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For further information contact:

Tanya Barnes, PR Officer - 01923 423 905 or Cheryl Eaton, PR Manager - 01923 423 030