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Land Secs Trillium secures £600m Kent BSF

Land Securities Trillium has won the contract to deliver the £600 million first phase of Kent’s Building Schools for the Future programme.

The contract, between Trillium, Kent County Council, Building Schools for the Future Investments and IT provider Northgate Information Solutions, has been described as a “kickstart” for the programme to redevelop a series of secondary schools in the Gravesham, Swale and Thanet districts of Kent by 2014.

About £200 million is expected to be invested in redeveloping and maintaining the first 10 schools.

Three will be delivered through PFI, with Trillium contributing £6 million of capital by the end of the PFI construction phase.

A statement made this morning by Land Securities said: “The contract has an estimated capital spend of almost £600 million, and builds on Trillium’s success across the UK where it now owns or manages 197 schools with 174,000 pupils.”

It forms the first phase of Kent’s overall £1.8 billion BSF programme, which plans to rebuild or renew its secondary schools over a period of 10 to 15 years.