Key Facts
- Client: University College London Hospitals NHS Foundation Trust
- Balfour Beatty companies involved: Balfour Beatty Capital, Balfour Beatty Construction, and Haden Young
- Balfour Beatty’s third PPP hospital project reached financial close in July 2000, as a member of Health Management UCLH (HMU)
- HMU is the concession company awarded the £282 million contract to design and build the new hospital and to provide non-clinical services associated with the hospital for 40 years
- Balfour Beatty’s shareholding in HMU is 33.3% with partners Amec Investments and Interserve also holding 33.3% each
- At 31st December 2005 Balfour Beatty had invested all its £9 million of committed investment
- The project consolidated most of the Trust’s operations in one, new, high rise building on a new site
- The teaching hospital comprises 16 floors above ground and two below, together with a five-storey wing
- The hospital offers the very best of clinical healthcare to Londoners and others from around the country in a clinical, research and teaching centre of national importance
- Design and construction works were completed by BCJV, a construction joint venture in which Balfour Beatty holds a 50% interest. Partners include Haden Young and Balfour Beatty Construction
- The project is being built in two phases: Phase 1 was completed to time and to budget over 57 months and opened in April 2005
- Phase 2 is taking place over 38 months and is currently under construction
- Delivery and storage constraints presented by the extremely busy city location of this hospital were overcome by extensive offsite manufacture of building services modules
- The hospital will have 5,000 staff, 2,000 rooms, 12 operating theatres and 1,200 wash basins
- £26 million has been spent on new equipment and it houses the largest single critical care unit in the NHS
- A third of the 669 beds are in single rooms, giving many patients extra privacy
