Member Article

Carillion to deliver Sunderland's £800 million regeneration programme

Construction firm Carillion has been chosen as the preferred bidder to lead the £800 million regeneration plans of Sunderland City Council, with support from Igloo Regeneration.

The contract, which will initially focus on the redevelopment of key sites across the City, is worth at least £100 million over the first eight years and potentially up to £800 million over 20 years.

Councillor Paul Watson, Leader of Sunderland City Council said: “The chance to take part in an ambitious, long-term initiative attracted bids from a number of leading UK companies.

“We were delighted at the high standard of the shortlisted bids and it was a difficult task to choose the preferred bidder, but the commitment, track record and approach of our chosen partner gave it the winning edge.

“This decision marks an important milestone in the joint venture agreement, which will breathe new life into under-used publicly owned land in prime sites for development. The programme will invigorate key areas of the City and offer new opportunities for employment, housing, shopping and leisure.”

Carillion chief executive, Richard Howson, added: “We are delighted to have been selected by Sunderland City Council as its strategic partner for this innovative contract.

“I believe our success reflects Carillion’s focus on creating offerings tailored to the specific needs of our customers and our ability to provide a fully integrated solution that delivers the immediate and long-term services required by the Council.

“We look forward to working with Sunderland City Council and to engaging with local communities and businesses to deliver the Council’s vision for the City, which will bring major benefits to the people of Sunderland and act as a catalyst for further inward investment.”

This was posted in Bdaily's Members' News section by Tom Keighley .