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Sheffield's £2bn highways PFI deal with Amey reaches financial close

Sheffield City Council’s £2bn Highway Maintenance PFI Project has reached financial close with Amey, its private sector contractor for the 25 year contract.

Amey will now be tasked with delivering one of the biggest highways projects in the country and providing the improvements which are needed to support the council’s ongoing plans for the regeneration of the city. It will be responsible for bringing Sheffield’s highway network up to a high standard within the first five years of the contract and then maintaining that standard for the remaining 20 years of the contract.

The contract will require Amey to improve and maintain the city’s highway assets as well as providing street cleaning and grounds and tree maintenance and carrying out all winter maintenance duties. 

It is anticipated that the contract will begin in mid August and on the day of transfer approximately 480 Council staff will TUPE over to Amey. 

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