Australian construction and asset management group Bovis Lend Lease has been awarded a A$250 million (€146 million; $210 million) contract to develop social infrastructure in the Australian state of New South Wales.
The contract has
In a statement to the Australian Securities Exchange, Bovis’ parent company Lend Lease Corporation said it will be responsible for developing new facilities and carrying out refurbishments on 110 schools on behalf of the Catholic Archdiocese of Sydney.
The award of the A$250 million scheme brings the value of Bovis’ education infrastructure project portfolio to A$1 billion. The firm is already responsible for the construction and refurbishment of 380 primary schools across the state as well as upgrading science laboratories at a further 105 schools.
The project forms part of the Australian government’s A$42 billion economic stimulus plan.
Completion of the project is set for March 2011.