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StruktonHurks consortium has achieved commercial close for the Dutch social PPP project "Nieuwe Huisvesting RIVM en CBG" in Utrecht.
The Central Government Real Estate Agency and the winning consortium signed the contract on 17 July 2014.
The project will be developed on a design, build, finance, operation and maintenance (DBFOM) basis for a period of 25 years. The contract has a net present value of nearly €267 million (US$361 million).
The winning consortium is formed by Strukton, which has operations in the rail systems, civil infrastructure and technology and buildings markets, Hurks, which develops, builds and maintains buildings and Heijmans a listed company that combines operations in property development, residential building, non-residential building, installation engineering and infrastructure. Strukton and Heijmans both have a 37.5% share in the project, while Hurks has a 25% share.
The project includes two flexible, sustainable and energy efficient buildings: the National Institute for Public Health and the Environment (RIVM) and the Dutch Medicines Evaluation Board (MEB). Both institutes are part of the Ministry of Health.
The design was developed in collaboration with Felix Claus Dick van Wageningen Architecten, H+N+S Landschapsarchitecten, Deerns and YASK.
The new facility, which will be the first Ducth PPP project to develop a government building that includes laboratories, will be located at the site of the current Wentgebouw in the Utrecht Science Park in Utrecht.