Kier to go ahead with 70m-pound London fire station contract

7th Aug 2013 08:07

The government-funded project to build nine new fire stations in London is to go ahead after construction, engineering and property firm Kier Group reached financial close, it announced on Wednesday.Kier, in partnership with DIF Infrastructure II, is to design, build and maintain the new community fire stations across nine locations in south-east and east London on behalf of London Fire Brigade.The project, worth £70m, is to be partly funded by the state's Private Finance Initiative which is providing £52m.Kier is to build and maintained the fire stations before handing them over between autumn 2014 and February 2016. They will replace current fire stations at Purley, Dockhead, Old Kent Road, Mitcham, Dagenham, Leytonstone, Plaistow, Orpington and Shadwell which were built between 50 and 100 years ago.Kier's Chief Executive Paul Sheffield said: "We look forward to working in partnership with London Fire Brigade in delivering strategic assets that are sustainable and promote inward investment in the region. "This is an excellent opportunity for us to demonstrate how effective public/private partnerships can deliver high quality, value for money solutions."BC