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Two fight for £45m MoD HQ
16:53 14 Mar 2003
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Only two contenders are now believed to be left in the battle for a
massively delayed private finance deal, worth around £45m, to
develop the Ministry of Defence's (MoD) Northwood headquarters in
north-west London.
Insiders say the MoD has now ditched a bid from Serco Defence Support and will now choose between the Mowlem-led Northwood group and a Carillion/Group 4 joint venture.
The MoD lined up the three challengers to pitch for the job in 1999, but tenders were not sent out until two years later.
Now insiders say that the preferred bidder will not emerge for at least another "four to five months" - making a total of four years since the deal first emerged.
The MoD's original plan was to appoint its preferred bidder at the end of 2000.
The cost of capital works on the scheme, which involves a mix of new build and refurbishment, will be worth around £45m.
The annual cost of facilities management will be £15m.
The Mowlem group also features Mowlem Aqumen, its facilities management arm, along with London Electricity and engineer Oscar Faber.
Insiders say the MoD has now ditched a bid from Serco Defence Support and will now choose between the Mowlem-led Northwood group and a Carillion/Group 4 joint venture.
The MoD lined up the three challengers to pitch for the job in 1999, but tenders were not sent out until two years later.
Now insiders say that the preferred bidder will not emerge for at least another "four to five months" - making a total of four years since the deal first emerged.
The MoD's original plan was to appoint its preferred bidder at the end of 2000.
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The cost of capital works on the scheme, which involves a mix of new build and refurbishment, will be worth around £45m.
The annual cost of facilities management will be £15m.
The Mowlem group also features Mowlem Aqumen, its facilities management arm, along with London Electricity and engineer Oscar Faber.
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