REG - Galliford Try Hldgs - Contract

Galliford Try HoldingsAnnouncement

12/02/2024 07:00

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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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