BAM lands Bradford College redevelopment contract
BAM Construction has been officially unveiled as the lead contractor on the development of the new campus at Bradford College.
The project is expected to cost £50 million and will be solely funded by the educational institution, courtesy of a £35 million loan from Lloyds Bank Wholesale Banking and Markets and the European Investment Bank, and £15 million of cash reserves.
Some 23,000 sq m of teaching space will be created in a new six-storey building located on Great Horton Road, on the site of the college's existing city centre location and the former Randall Well Building.
Work on the building, which will offer students a learning environment that is rich in technology, is set to get underway this month and is expected to be ready by September 2014.
Following a procurement process involving 20 companies from across Europe, BAM was selected to deliver the project after impressing on a range of criteria, including cost and quality.
The company has pledged to use as many local contractors and suppliers as possible on the project, representing a major source of employment for the Bradford area.
This is particularly significant given that recent Office for National Statistics figures showed that a decline in construction output was behind the UK's return to recession, with activity dipping by 4.8 per cent in the first quarter of 2012.
Howard Archer, chief UK and European economist at IHS Global Insight, described the production data as "both dismal and perplexing".
Jason Pink, project manager at BAM Construction, said: "With BAM's strong track record of building in Bradford ... it's obviously a tremendous pleasure for us to be associated with such a major regenerative project.
"There is a huge amount of activity planned, not only with the construction of the new campus, but with the community around it, and we're aiming to bring our brand of considerate building to bear."
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