Jarvis lands railways role

12 April 2012

FACILITIES management group Jarvis is to advise the Government-backed bidder for the assets of Railtrack. Along with design consultants Arup, Jarvis will provide advice on valuing the railways to help the Company Limited by Guarantee make its offer for the infrastructure business currently in administration.

Company Limited by Guarantee, which is expected to be funded by fixed interest bank debt but with some initial Government financial support, will bid against the West LB-led Swiftrail consortium.

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