Royal Parks signs deal that could be worth £40m

The Royal Parks has signed what could be the biggest green spaces contract ever.

The facilities management deal with Taylor Woodrow may end up being worth up to £40m. A core five-year £3.5m-to-£4m-a-year contract looking after the parks’ hard landscaping and infrastructure will also have £3m to £4m of additional project improvement works a year. It is Taylor Woodrow’s first venture into parks and will begin efforts to win a string of similar contracts with councils nationwide, said customer director Graham Evill. He added: “This is an opportunity to develop our business in this direction. I expect future opportunities with local authorities and central government. This will give us the platform to grow.” Royal Parks works project manager Caroline McDonagh said the contract will cover routine maintenance of hard landscaping and restoration of fountains and lakes. Work will include maintenance to the Diana Memorial playground in Hyde Park, park lodges and Italian fountains in Kensington Gardens. Taylor Woodrow takes over the contract from Carillion in October. Parks consultant Sid Sullivan said: “I think it is the biggest parks contract ever. It brings a whole new expertise to Royal Parks to complement what we’re doing on the [soft landscaping] side.”

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