Shepherd Construction secures its share of a £30m PFI contract

YORK-based building firm Shepherd Construction and John Laing have reached an agreement on a £30m North East Fire and Rescue Authorities (NEFRA) collaborative PFI project.

The project is for the design, construction, finance and operation of five community fire stations in the North East for the Tyne and Wear, Durham and Darlington and Northumberland fire and rescue authorities as well as a headquarters based in West Hartford.

The contract term is 25 years. John Laing will provide 80% of the equity with Shepherd providing the remainder. It will also build the new fire stations.

Allan McDougall, divisional chief executive of Shepherd, said: “This exciting project will see five new stations built over the next year.

“Each one will include community facilities, allowing the fire authorities to link to local people and proactively look at fire prevention and safety issues.”