12/02/2015 - 10:54

Programmed consortium in NZ schools project

12/02/2015 - 10:54

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A consortium which includes Perth-based Programmed Maintenance Services has been appointed the preferred bidder for a public private partnership for four new schools in New Zealand.

A consortium which includes Perth-based Programmed Maintenance Services has been appointed the preferred bidder for a public private partnership for four new schools in New Zealand.

Programmed has been asked to provide facility and asset management services for the project, which comprises the delivery of four new schools across the north and south Islands, over a 26-year term.

It will provide its services to a school in Auckland, two in Christchurch, and one in Queenstown.

Programmed’s scope of work includes all building and asset maintenance, ICT backbone, utilities management and all soft FM services,” the company said in a statement.

Managing director Christopher Sutherland said the company was continuously reaping the rewards from investing in the infrastructure sector.

“This will be the fourth public private partnership with which Programmed is involved. In December, we were appointed to provide maintenance services to the University of Wollongong student accommodation project, with a 39-year contract with an estimated value of $270 million,” he said.

“We also have contracts to provide facility management services for two schools in New Zealand and for the Hopkins Correctional Facility in Victoria under long term PPP arrangements.”

The consortium also comprises Auckland-based companies Hawkins and HRL Morrison’s PIP Fund.

HRL Morrison will provide equity, while Hawkins will provide both equity and construction works.

Programmed is also involved in one of three consortia which have been shortlisted to come up with proposals for Western Australia's first public private partnership for schools, with the winner to design, build, finance and maintain eight new public schools over 25 years.

The project is valued at $370 million.

The company is in a consortium comprising Decmil Group and Cockram Construction.

Programmed’s proposed merger of equals was rejected by Victorian-based Skilled Group last month, after the workforce provider said it undervalued the company.

Programmed shares were 1.34 per cent higher at $2.26 per share at 10:50am.

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