Galliford Try Holdings PLC Contract
February 12 2024 - 1:00AM
RNS Regulatory News
RNS Number : 7119C
Galliford Try Holdings PLC
12 February 2024
GALLIFORD TRY APPOINTED TO NEW £3.2BN AFFORDABLE HOMES
FRAMEWORK
Galliford Try, one of the UK's
leading construction groups, announces that it has secured a
position on the new £3.2 billion Communities & Housing
Investment Consortium (CHIC) Newbuild Development Framework for
affordable homes.
The business has won a place on the
£2.5 billion Lot 2 of the eight-year framework, for new build
projects worth more than £10 million, and the £650 million Lot 3,
for regeneration projects, on behalf of CHIC, a nationwide
procurement and asset management consortium owned by its
membership, which consists mainly of housing associations and local
authorities. Galliford Try anticipates accessing the framework to
build low and medium rise affordable apartments, building on its
existing capabilities in the build to rent market.
Bill Hocking, Chief Executive of
Galliford Try, commented: "Our group has a strong track record in
residential developments, and the affordable homes market is a key
adjacent sector for our business within our Sustainable Growth
Strategy. We are delighted to have been awarded a place on this new
framework by CHIC and look forward to working with their members to
deliver much-needed affordable schemes across the
country."
Galliford Try
Bill Hocking, Chief
Executive
01895 855001
Andrew Duxbury, Finance
Director
Kevin Corbett, General Counsel &
Company Secretary
Notes to Editors
Galliford Try is a trading name of
Galliford Try Holdings plc, a leading UK construction
group listed on the London Stock Exchange. Operating as Galliford
Try and Morrison Construction, the group carries out building and
infrastructure projects with clients in the public, private and
regulated sectors across the UK.
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