UK's DIO selects six companies to build new bed spaces for armed forces [Yahoo! Finance]
ARCADIS NV S/ADR (ARCAY)
NASDAQ:AMEX Investor Relations:
theglobeandmail.com/investing/markets/stocks/arcay/pressreleases/899710
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Source: Yahoo! Finance
The alliance, which will operate for six years, will build 16,000 new bed spaces. This initiative forms part of a wider UK Ministry of Defence (MOD) plan to develop or refurbish 40,000 SLA bed spaces over the next ten years. Bowmer and Kirkland, ESS Modular, Kier McAvoy, Kier Metek, Laing O'Rourke, and REDS10 will receive contracts through the existing Crown Commercial Services framework. The tenders submitted by these companies were assessed on various criteria by the DIO and its technical support provider, Arcadis. The new programmatic approach adopted by the DIO for SLA is designed to find efficiencies and improve value for money in delivering new accommodations. A library of SLA designs has been established, featuring a common base design that can be altered to suit the specific needs of a site such as the required number of rooms. These designs cater to both short-term occupancies such as recruits in initial training and permanent accommodation on military bases. T
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