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Public sector projects in construction through Scottish framework reaches £1.1bn

The value of public sector projects under construction through the Scotland-wide hub programme has reached more than £1bn. 

The hub programme, which brings together public bodies throughout Scotland with a private sector development partner, is delivering £1.1bn-worth of community infrastructure projects currently under construction, according to figures released by the Scottish Futures Trust, which manages the programme.

This is an increase of £483m since December 2015, when the value of public sector projects under construction was around £627m.

The latest figures have shown that projects valued at £550m are in development and £510m of work has been completed.

Nearly 78 per cent of all hub contracts have been awarded to SMEs and the value of construction is supporting more than 14,000 jobs, the SFT said.

The hub programme is delivered through five hubCos in the south-east, north, east central, west and south-west regions of Scotland.

HubCos were set up to bring together public bodies, including health boards, local authorities, Police Scotland and fire and rescue services, with a development partner in order to deliver the best value for money in providing community infrastructure.

The final hubCo in south-west Scotland was formed in November 2012 – a consortium including Galliford Try Investments and Kier Projects Investments.

 

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