Bilfinger Berger has been awarded a contract to design, build and, over a 30-year period, operate a justice and civic center in Wiesbaden, Germany. The financing of the project, which has a construction volume of €80 million, is being carried out by the Hessische Landesbank, with the bank's subsidiary OFB acting as project developer.
Bilfinger Berger's strong competitive position in the German building construction market is largely attributable to its ability to offer demanding clients significantly more than just construction works. The services being provided by the Group cover the entire life cycle of the justice and civic center. Bilfinger Berger's Building division is responsible for design and turnkey construction, while Bilfinger Berger Facility Services will operate the complex.
Public-private partnerships have now established themselves as a public-sector procurement model in Germany. Last year alone, projects with a volume of over €500 million were awarded. Bilfinger Berger has a significant share of this market. The company was recently awarded a contract to realize the justice center in Chemnitz on the basis of a public-private partnership. In Halle an der Saale, the Group is modernizing and operating eight schools and in Burg, near Magdeburg, a new correctional facility is being built. In mid-2006, Bilfinger Berger handed over the District Administration Building in Unna to its new tenants following a full renovation, also on the basis of a public-private partnership. The volume of these projects amounts to a total of €200 million.
The number and the size of concession projects in the German building construction market are increasing. At the moment, projects with a volume of over €5 billion are in various stages of preparation.
Source: Bilfinger Berger
