NHS Orkney - Balfour Hospital
NHS Orkney’s plans for new hospital in Kirkwall took a step forward on the 23rd June with the announcement of the appointment of Robertson Capital Projects as the Preferred Bidder. The project is anticipated to reach financial close by the end of October 2016, with the new hospital due to open exactly two years later. The hospital will offer a range of emergency, outpatient, day case and inpatient services in addition to accommodating relocated GP practices and the Island’s dental practice. Detailed planning permission is underway with refinement of the NPD contract being undertaken to reflect the NPD structure, adapted to reflect advance unitary payments by NHSO.
QMPF, in conjunction with Caledonian Economics, is acting as financial adviser to NHS Orkney.