Clyde & Co have advised Kier Regional Limited in their capacity as building contractor on the £60m Norfolk and Suffolk Police Investigation Centres PFI which reached financial close on Tuesday 23rd February.
The project will deliver six new police investigation centres in Norfolk and Suffolk on behalf of the Norfolk and Suffolk Police Authorities, run over a 30-year concession period.
The centres will accommodate police officers, staff and investigators. The new centres will have top of the range, modern facilities that will be of a consistent standard and will feature amongst the most up-to-date in the country. They will help to provide local people with an efficient and effective police service.
The Clyde & Co team was led by projects partner, Liz Jenkins and associate Olivia Blessington. Both Liz and Olivia joined Clyde & Co from Shadbolt LLP earlier this month.
Commenting on the deal, Kier Group chief executive John Dodds said: "We are delighted to have reached this exciting milestone and look forward to working closely with Norfolk & Suffolk Police Authorities in providing a best value solution to greatly enhance policing services across Norfolk and Suffolk."
Speaking on behalf of Clyde & Co, Liz Jenkins added: "We were delighted to help Kier close this long running project which will improve policing services in East Anglia."
The SPV (Justice Support Services) were advised by Osborne Clarke, the Funders (Helaba, Lloyds and RBS) were advised by DLA Piper, Pinsent Masons advised Norfolk and Suffolk Police Authorities and Burges Salmon advised the FM contractor, RSTM Limited.