The National Development Finance Agency, part of the National Treasury Management Agency (NTMA), has selected BAM PPP PGGM Infrastructure Coöperatie U.A as Preferred Tenderer in the development of four new courthouses and the refurbishment and extension of three existing court buildings.
The €135 million (ex-VAT) project is a public private partnership (PPP) set to deliver upgraded courthouse facilities in seven different regions around Ireland. The project forms part of the Irish Government’s €2.25 billion Infrastructure Stimulus Programme announced in 2012.
The new courthouse buildings will be developed in Drogheda, Letterkenny, Limerick and Wexford and refurbishment and extension works will be carried out to existing courthouses in Cork, Mullingar and Waterford.
The NDFA’s role in this project is as the procuring body and financial adviser for and on behalf of the Courts Service.
Commenting on the Courts Bundle PPP project, Brian Murphy, Director of the NDFA said “We are pleased to be working on this important upgrade to the States courthouse facilities which are expected to deliver broad improvements and efficiencies including reduced waiting times and a reduction in litigation costs. We were very encouraged by the quality of tender submissions received for this development and congratulate BAM on their appointment”.
Construction is expected to commence in November 2015 with final delivery due by November 2017.