NHS Tayside in £95m hospital deals

CONSTRUCTION firm Morgan Sindall and Robertson Capital Projects have won a £95 million design and build contract with NHS Tayside for two new mental health facilities.

The project will include the creation of 179 beds and a secure unit at the Murray Royal Hospital in Perth and 52 in-patient beds at Stracathro Hospital in Angus.

Senior debt funding is being provided by three banks, including Royal Bank of Scotland. It will be paid for through a wholly debt-based funding structure with capped private sector returns and public sector shareholders.