Everton Football Club (FC) has signed a contract with construction firm Laing O’Rourke for the construction of the final phase of its new £500m waterfront stadium at Bramley-Moore Dock in the UK.
The agreement will also see the club “lock-in construction costs.”
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Under this main construction contract, Laing O’Rourke will complete construction of the new 52,888-capacity stadium.
This agreement offers Everton FC certainty regarding the cost of the remaining stages of the stadium project.
The deal comes after the Pre-Contract Services Agreement (PCSA) signed by the two entities in February 2021 and the Enabling Works Contract (EWC), which was regarding the delivery of the preparatory works at the North Liverpool site.
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As per the latest contract, Laing O’Rourke will undertake a host of works such as the completion of any outstanding enabling works, the complete construction of the stadium and public realm, and remedial works to Hydraulic Tower, a Grade II listed structure.
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By GlobalDataEverton chief executive Denise Barrett-Baxendale said: “This is an important agreement at a crucial time for the Club and the stadium project.
“Our agreement with Laing O’Rourke follows on from last year’s pre-contract services and enabling works agreements and brings clarity on the overall costs of our new stadium.
“We are now able to lock-in construction costs, while also benefiting from Laing O’ Rourke’s economies of scale in what is an ever-fluctuating marketplace.
“Our new agreement signifies that we have the utmost confidence in Laing O’Rourke, who are using the very best digital engineering expertise and industry-leading knowledge of modern construction methods to bring our stadium vision to life.”
Construction work of the waterfront stadium commenced in the summer of 2021. Huge progress was done on site such as demolition of non-listed structures, removal and preservation of heritage assets, repair and infilling of the dock basin, laying of foundations and concrete structure of four corners of Everton’s new home ground.
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Image: Under this main construction contract, Laing O’Rourke will complete construction of the new 52,888-capacity stadium. Credit: Everton Football Club.
