Galliford Try Scoops £38m Contract

Galliford Try has been appointed preferred bidder by Kent County Council to its 'Excellent Homes for All' scheme.

The £38m construction contract will involve the provision of seven schemes of supported housing across the county.

Approximately 240 homes are anticipated to be built by Galliford Try's Partnerships business in extra care schemes to provide supported living for vulnerable adults across Kent under the contract, as well as communal facilities.


In parallel, the project will involve the creation of a special purpose vehicle managed by Galliford Try Investments to develop social housing for vulnerable people within Kent. The current value of the index linked investment to be made by Galliford Try over the 25-year course of the contract is in excess of £4m.

In addition, Galliford Try's Facilities Management ('FM') business will provide ongoing hard and soft facilities maintenance and lifecycle management services in operating the scheme accommodation. The FM contract is anticipated to be worth over £36m, providing approximately £1.5m of additional index linked income per annum to the Group.

Housing Management services for the project will be provided by Galliford Try's partner, the West Kent Housing Association.

(CD/JP)