Robertson Capital Projects selected Preferred Bidder for UK hospital
NHS Orkney’s plans for a new hospital in Kirkwall, the capital of the Orkney Islands (UK), took a step forward on the 23rd June with the announcement of the appointment of Robertson Capital Projects as the Preferred Bidder.
The other teams shortlisted were Canmore and Farrans/Equitix.
The new Orkney Hospital and Health Care Facility will be constructed on a site at New Scapa Road. As we reported in November 2014, the PPP project involves the design, build, finance and maintenance (DBFM) of the new hospital for a period of 25 years plus 3 years for construction.
The objective of the project is to provide NHS Orkney with a new hospital and health care facility to service the needs of patients in the Orkney area: the hospital will offer a range of emergency, outpatient, day case and inpatient services in addition to accommodating relocated GP practices and the Island’s dental practice.
The project has an estimated value between £180 million and £220 million. The capital cost of the construction works is estimated at £59 million (US$94 million). The project will be delivered under the Scottish Futures Trust's Non-Profit Distributing (NPD) model which is in the form of public-private partnership preferred by the Scottish Government.
The project is anticipated to reach financial close by the end of October 2016, with the new hospital due to open exactly two years later.
QMPF, in conjunction with Caledonian Economics, is acting as financial adviser to NHS Orkney.
Health Secretary Alex Neil said:
"The Scottish Government recognizes the importance of continuing to invest in modern healthcare facilities that are designed around the needs of patients. I'm pleased to see the Balfour hospital project moving forward as the new facilities will give the people of Orkney access to services currently only available only on the mainland, as well as providing sufficient flexibility to accommodate any future changes.
This government has been clear that it is committed to ensuring people living in rural and remote areas have greater access to a wider range of NHS services, and this project is another step towards delivering this."
