UK council cancels tender for car park PPP
Watford Borough Council has published a notice in the European Union's official journal that it is discontinuing the tender process for a car park project. Private parties were invited to apply to design, construction, financing and operation of a new multi-storey car park in the borough, located in Hertfordshire, south-east England, last month, with a submission deadline of 8 October 2018.
The council has not indicated the reasons behind the discontinuation. Valued at GBP100 million (US$130.6 million), the car park was to form part of a mixed-use regeneration development and consolidate existing parking facilities at Watford General Hospital.
Country updates
-
-
October 02, 2018
Anderson High School in Shetland Officially Opened
The education secretary has officially opened Anderson High School in Lerwick, Shetland, Scotland, UK. The project was conceptualized by Ryder Architecture, an international design firm, as...
Read more -
September 26, 2018
Carillion collapse sees second multi-million pound hospital PPP terminated in the UK
The Royal Liverpool and Broadgreen University Hospitals National Health Service (NHS) Trust has announced that its Board of Directors has decided to terminate the PPP contract to construct and maintai...
Read more -
September 25, 2018
JLIF shareholders vote in favour of Dalmore-Equitix takeover
The board of John Laing Infrastructure Fund (JLIF) has announced that the proposed recommended cash offer pursuant to which a consortium jointly-led by funds managed by Dalmore Capital and E...
Read more -
September 21, 2018
Salford City Council refused permission to lend money to the Pendleton PFI project team
The Government has told Salford City Council that it can't access the £400 million (US$525,82 million) public fund to help with the cost of replacing dangerous cladding on the...
Read more -
September 20, 2018
Balfour Beatty announces sale of 50% interest in Scottish hospital to Semperian
Balfour Beatty has announced the completion of the sale of its 50% stake in Fife Hospital for a cash consideration of GBP43 million (US$56.5 million), which is in excess of the Directors&rsq...
Read more
