Carillion has been selected for the £200m Rochdale Building Schools for the Future contract beating Galliford Try in the process.
The Local Education Partnership, which comprises of Rochdale council, Building Schools for the Future Investments and Carillion, expects to deliver 13 new or refurbished schools in three phases over a four-year period.
Commenting on the company website, chief executive of Carillion, John McDonough, said: "This latest success further consolidates Carillion's position as one of the UK's leading suppliers to the Government's £55bn Building Schools for the Future programme and brings the total value of the BSF projects that we have won or for which we are preferred bidder to £1.4bn, in addition to which we are shortlisted for a further three BSF projects worth some £2bn".
The work will include Hollingworth Business and Enterprise College, Wardle High, Holy Family RC/CE, and Falinge Park being substantially rebuilt along with the Pupil Referral Unit at Darnhill.
Balderstone will be amalgamated with Springhill with major rebuilding and remodelling on the Springhill site. Middleton Technology, Matthew Moss, Cardinal Langley, Siddal Moor and St Cuthbert's will undergo major refurbishment. Brownhill School is set to be remodelled and there will be minor refurbishment at the Saxon Hall Pupil Referral Unit. Heywood Community School will close on 31 August 2010 with pupils transferring to Siddal Moor.
Four of the thirteen schools are expected to be privately financed by a combination of borrowing and equity. Hollingworth School is to be delivered in the first phase, which Carillion expects to invest some £2.4m of equity.
Carillion also expects to invest equity in the other three privately financed schools. In addition, the firm expects to provide facilities management services for all four privately financed schools, generating approximately £12m of revenue over a 25-year concession period.
Work is due to start in January 2010.