Business
Preferred Bidder Status Award
Preferred Bidder Status Award.
About this update from Hellenic Dynamics Plc
[{"type":"text","content":"\n RNS Number : 9560P Mountfield Group plc 27 July 2010 \n \n\n \n \nPress Release 27 July 2010\n \nMountfield Group plc\n \n(\"Mountfield\" or the \"Company\")\n \nAwarded preferred bidder status for UK winter sports resort SnOasis \n \n \nMountfield Group Plc (AIM:MOGP), the AIM listed construction group announces that it has signed an agreement with Onslow Property Group (\"Onslow\"), the owners and developers of SnOasis, under which Onslow has appointed Mountfield as its preferred building contractor for a number of construction contracts. \n \nSnOasis is a 350 acre, £300m destination resort in Great Blackenham, Suffolk, which will include the world's first indoor winter sports resort with 14 winter sport disciplines as well as over 400 residential units, 350 chalets, a hotel and conference facilities alongside retail, transport and community elements. The development, which is one of the largest construction projects in Europe, is expected to have a 30 month build programme. \n \nMountfield, through its principal construction subsidiary Mountfield Building Group Limited (\"MBG\"), will be offered the opportunity to negotiate and undertake building contracts (subject to agreement on price and terms) some of which will arise out of the development.\n \nThe potential value of the contract work which will be made available to MBG under the agreement is expected to be substantial.\n \nMountfield is already in negotiations with Onslow regarding the first stage of contract works for building the community centre for the SnOasis village. This will include retail and medical units and a police station. \n \nGodfrey Spanner, the Managing Director of Onslow, said: \n\"We are delighted to be working with Mountfield. We chose them as our preferred partner for construction contracts because of their e...