Galliford Try appointed to £5 billion Pagabo National Framework
What happened
Galliford Try was appointed to the £5.0 billion Pagabo National Framework for Major Works. The company secured places on Lot 4 and Lot 5. Lot 4 covers projects valued from £30 million to £60 million across the South West, South East, and London regions, while Lot 5 is for Scotland and covers projects exceeding £60 million. The framework is set to run for four years.
From investegate.co.uk
Why it matters
The framework covers public sector buildings and facilities for local authorities and other public bodies across the UK. This appointment secures major construction work for Galliford Try. The contract win could boost the valuation of Galliford Try, which is listed on the London Stock Exchange.
From investegate.co.uk
Who's involved
- Galliford TryBritish construction group appointed to the Pagabo National Framework
- Lot 5Procurement lot awarded to Galliford Try for Scotland
- ScotlandJurisdiction where Galliford Try secured Lot 5
- London Stock ExchangeStock exchange where Galliford Try is publicly listed
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Galliford TrySpeculative
Galliford Try might see increased revenue from the four-year framework contract
- ScotlandSpeculative
Scotland could see increased public sector construction demand due to the award of Lot 5
- London Stock ExchangeSpeculative
The London Stock Exchange might see changes in company valuation for Galliford Try following the major contract win
- Greater London AuthoritySpeculative
The Greater London Authority could see increased public sector construction demand due to Lot 4 covering the London region
Keep exploring
The entities involved
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Galliford Try
British construction company
Nothing else this week.
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Scotland
country in north-west Europe, part of the United Kingdom