Lend Lease has won a $250 million Building Education Revolution contract.
Below is a published statement:
Lend Lease Corporation Limited (“Lend Lease”) today announced that its subsidiary, Bovis Lend Lease Pty Ltd (“Bovis Lend Lease”) has been appointed Managing Contractor by the Catholic Archdiocese of Sydney for the programmed rollout of new facilities and refurbishments across 110 Catholic schools in the Sydney Archdiocese.
The Building Education Revolution contract is valued at A$250 million, which takes the value of Bovis Lend Lease’s education infrastructure projects in progress to over A$1 billion.
The works are part of the Australian Government’s $42 billion Nation Building – Economic Stimulus Plan and are scheduled for completion in March 2011.
Bovis Lend Lease Australia Chief Executive Officer, Mr Tony Costantino, said the strength of the company’s integrated program management model will ensure the quality and timeliness of the project’s delivery.
“Our knowledge and experience in the rollout of capital works programs across multiple locations consistently delivers cost efficiencies that add value to our clients’ projects. We are proud to deliver this significant education infrastructure project that will benefit students and teachers well into the future,” Mr Costantino said.
“Throughout the delivery program we will focus on upgrading skills and trades at a local level, creating a significant number of local jobs for the long term benefit of these communities,” he added.
This appointment builds upon the successful relationship between Bovis Lend Lease and the Catholic Archdiocese of Sydney that includes the company’s project and construction management role during 2008’s World Youth Day.
The contract win follows Bovis Lend Lease’s recent appointment as Managing Contractor of two contracts for primary schools with the Department of Commerce, on behalf of the NSW Department of Education and Training. These two contracts have a combined value of A$675 million. Bovis Lend Lease is responsible for the design and construction of new facilities and refurbishment of 380 primary schools in New South Wales and is also the managing contractor for the upgrade of approximately 600 science laboratories across 105 schools in the state.