Contractors who hope to win a slice of a multimillion pound construction budget for phase 2 of Stansted Airport’s expansion, are being invited to a Suppliers Day event, in advance of a formal tendering process.
Stansted, which is operated by Manchester Airports Group, plans to invest a total of £340million in constructing a new arrivals building and creating a dedicated departure terminal.
The existing terminal building will be enhanced, to become a dedicated departures lounge which will provide much needed additional space for check-in and security operations.
The project will be split, with the construction of the arrivals building expected to cost between £120million and 150million. Tenders for this project will be invited in May, following a Suppliers Day event, being held on 13 April 2018.
Work to turn the existing terminal building into a dedicated departure lounge, which is expected to cost anything between £180 million and £230million, is expected to invite tenders in autumn 2018.
Adam Davis, a Partner with Palmers who specialises in construction law, said: “This announcement is exactly the sort of positive news that the construction industry needs and the fact that it is happening, virtually on our doorstep in Essex provides a fantastic opportunity for regional construction firms and local subcontractors.
“Many firms will undoubtedly be looking to formulate their tenders in readiness for the bidding process which will follow.
“Our experience in working with the construction and engineering sector means we are ideally placed to provide independent, practical advice to help firms with their contracts and submissions.”
For help and support on contract submissions and project delivery compliance, please contact Palmers specialist construction team.
Contractors interested in attending Stansted Airport’s Suppliers Day should contact Will Lumsden by email: [DD-STP_Procurement@stanstedairport.com] no later than 26 March.