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Stiff competition for £50m Center Parcs job

Four contractors have returned tenders for a £50 million contract to build 625 lodges at Center Parcs’ new site in Bedfordshire.

Ardmore, ISG, Kier and Leadbitter are in the running for the job at the Warren Wood Forest Village, near Woburn.

A contract award is expected this month, and competition is expected to be fierce.

One source close to the bidding said: “Kier is really up for this one and will be very hard to beat.

“It is a hugely challenging job; these lodges are very high specification and the timeframe is pretty tight.”

The tender for the lodges follows that of the main construction package on the £250m project, which is understood to have been awarded to Bowmer & Kirkland.

It comes as funds managed by Blackstone and lending banks including RBS, Barclays, HSBC and Lloyds agreed to finance the scheme, which is expected to create more than 1,200 construction jobs.

Blackstone has committed £100m of new cash equity, with the banks providing a £150m construction loan.

It will be the fifth holiday village to be built by Center Parcs in the UK.

 

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