Contractor reaches financial close on deal involving Equitix and the county council
Contractor Galliford Try has reached financial close on the £600m Cambridgeshire Ȧ Schools for the Future programme.
Galliford is one of the construction partners for the deal between Equitix and the county authority, which will see the firm build the £26m Neale-Wade Community College in the first phase.
Galliford said it anticipated the second phase of the programme, which includes the £19 million Cromwell Community College in Chatteris, Cambridgeshire, will follow.
Last week Kier announced it had finalised an agreement to build two other colleges for Equitix in the Cambridgeshire programme, worth £44.2m.
Galliford Try Chief Executive Greg Fitzgerald said: “We are delighted to reach financial close as a construction partner on this significant education project which underlines our strong market position in the sector.”
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