Following financial close, Morrison will undertake construction of the new Kelso High School in the Scottish Borders, and Newbattle Community High School, Midlothian. Work will commence in 2014, and completion of construction is expected in 2016.
In addition to the preferred contract appointment, Galliford Try's Facilities Management business has been selected as preferred bidder to provide ongoing hard facilities maintenance and lifecycle management to both schools. This contract is anticipated to be worth up to a further £17 million over the 25-year concession period.
Galliford Try Chief Executive Greg Fitzgerald said: "We are delighted to secure these significant projects which reflect our reputation and strong market presence within this sector."