Contract

In brief · summary, not quotable

No summary for this filing – the full text is below.

Full announcement

Select text to share a quote on X · sign in to keep highlights & notes in your GFRD notes

Galliford Try, one of the UK's leading construction groups, announces that it has secured a position on the new £3.2 billion Communities & Housing Investment Consortium (CHIC) Newbuild Development Framework for affordable homes.

The business has won a place on the £2.5 billion Lot 2 of the eight-year framework, for new build projects worth more than £10 million, and the £650 million Lot 3, for regeneration projects, on behalf of CHIC, a nationwide procurement and asset management consortium owned by its membership, which consists mainly of housing associations and local authorities. Galliford Try anticipates accessing the framework to build low and medium rise affordable apartments, building on its existing capabilities in the build to rent market.

Bill Hocking, Chief Executive of Galliford Try, commented: "Our group has a strong track record in residential developments, and the affordable homes market is a key adjacent sector for our business within our Sustainable Growth Strategy. We are delighted to have been awarded a place on this new framework by CHIC and look forward to working with their members to deliver much-needed affordable schemes across the country."