Training requirement
Holdfast, a joint venture between Carillion and Babcock, has secured a contract worth £3bn over 30-years to provide support and services for the Royal School of Military Engineering (RSME).
Carillion, in a joint venture with Babcock, has secured a 30-year, £3bn contract for the provision of training and training support, infrastructure and services at the Royal School of Military Engineering (RSME) in
The joint venture, Holdfast, will deliver £300m of capital works for new and refurbished soldier accommodation, including: about 1,700 soldier bed spaces, training enhancements, more efficient use of the training estate, lower running costs and greatly improved facilities.
The joint-venture partners will invest £17.4m of equity in this project, with Carillion investing £5.5m.
Holdfast is now entering a lead-in period with services to be delivered by Babcock due to start in January 2009.
Carillion will carry out the £300m capital works programme, involving construction and refurbishment, over the first seven years of the contract.
Register now to continue reading
Thanks for visiting The Engineer. You’ve now reached your monthly limit of premium content. Register for free to unlock unlimited access to all of our premium content, as well as the latest technology news, industry opinion and special reports.
Benefits of registering
-
In-depth insights and coverage of key emerging trends
-
Unrestricted access to special reports throughout the year
-
Daily technology news delivered straight to your inbox
Experts speculate over cause of Iberian power outages
I´m sure politicians will be thumping tables and demanding answers - while Professor Bell, as reported above, says ´wait for detailed professional...