News on 26 April 2001
An Interserve led consortium has signed a PFI contract for 31 fire
stations in Cornwall, worth £40m. The company said the contract
is the first to include all of the stations within the Brigade.
The project will include the replacement of ten fire stations, the rebuilding
of two and the refurbishment of a further nineteen as well as the ongoing
management for 27 years.
In addition to a 50% equity stake, Interserve will carry out the construction,
refurbishment and maintenance work for the full period, the value of
which amounts to £21m.
Mike Bottjer, chairman, commented: “We are delighted to have secured
this important scheme for Cornwall County Council, which is a welcome
addition to our growing portfolio of PFI projects.”
