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CATEGORY: NEWS AND ANNOUNCEMENTS     SECTOR: SUPPORT SERVICES

Jarvis preferred partner for university contract

Fri 28 Feb 2003

JRVS - Jarvis
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Jarvis 9.40p 0.00%
 
FTSE 250 10,074 +0.54%
Support Services 3,909 +0.46%
LONDON (SHARECAST) - Contractor and infrastructure services group Jarvis has been confirmed as the preferred partner for a 35-year contract to manage a university campus, worth a minimum of £117m.

Jarvis University Partnerships Programme, its specialist student division, will take responsibility for the future management of the University of Nottingham’s Broadgate Park Campus.

Clive Crawford, managing director of Jarvis UPP, said: “Given the current funding situation facing the higher education sector in the UK, this scheme is an example of a modern progressive solution to releasing funds to Universities without their losing the benefit of having their own student accommodation stock.”

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