2nd May 2013
Carillion has been selected by the Royal Liverpool and
Broadgreen University Hospitals Trust to deliver the new Royal
Liverpool University Hospital Public Private Partnership (PPP)
project, the capital cost of which will be some £335 million.
In addition to carrying out the construction work, Carillion will
deliver support services for the new hospital from which it expects
to generate approximately £80 million of revenue over the life of
the 30-year concession contract. Carillion also expects to
invest some £24 million of equity in the project.
Work on site is due to start shortly after the project reaches
financial close, which is expected in January 2014, with completion
scheduled for 2017.
The new hospital will be built next to the existing hospital, which
will be demolished once services have been transferred.
The new hospital will be the largest in the country with 646 beds,
including a 40-bed Critical Care Unit, 18 operating theatres and
one of the largest emergency departments in the North West.
The new hospital will also have an underground car park for
patients and visitors, and buses will come onto the site, providing
better and easier access to the hospital.
There will be a dedicated cycle centre and ten electric car
"This is our sixteenth PPP hospital in the UK and I
believe our selection for this project reflects Carillion's
outstanding reputation for delivering high-quality, value for money
- Richard Howson, Carillion Chief Executive
The hospital will be one of the 'greenest' in the country, with
renewable energy systems, low carbon technology, water meters and
leak detection systems. The project will also pave the way
for a world class Liverpool BioCampus on the site of the current
hospital, which will play a key part in transforming the area and
regenerating the Knowledge Quarter of the City.
Construction of the new hospital is expected to contribute around
£240 million to the local economy, creating the equivalent of some
750 full-time jobs during the construction period, with 60 per cent
of these jobs going to local people. There is also a commitment to
source at least 60 per cent of materials locally.
Fifteen per cent of the workforce will come from priority Council
Wards in the City and 75 to 100 apprenticeships will be
, chief executive, said: "We are
absolutely thrilled to unveil the design for the new Royal today.
The Royal is at the very heart of our City and the creation of a
world-class, cutting-edge hospital will transform healthcare in
"It means that we can create the Liverpool BioCampus, which
will spearhead the transformation of the Knowledge Quarter into a
bustling and cosmopolitan hub. It is a unique opportunity to put
the City on the world-stage, along with cities like Boston and
Singapore. This is incredibly exciting for the people of the
Carillion Chief Executive, Richard Howson
"We are delighted to have been selected to as the preferred
bidder to deliver the new Royal Liverpool Hospital. This is
our sixteenth PPP hospital in the UK and I believe our selection
for this project reflects Carillion's outstanding reputation for
delivering high-quality, value for money projects
We look forward to working in partnership with the Royal
Liverpool and Broadgreen Hospital Trust to deliver a
state-of-the-art hospital that will bring substantial benefits to
the people of Liverpool
"This takes the total value of new orders and probable orders
for Carillion in 2013 to over £2 billion and demonstrates the
benefits of our strategy of focusing on national construction
For more information
John Denning, Director Group Corporate Affairs, Carillion
plc: + 44 (0) 1902 316426
James Murgatroyd or Gordon Simpson: + 44 (0) 207 2513801