A trio of City firms has bagged roles on the proposed £1.2bn take-private of waste collection company Biffa.
Ward Hadaway" /> Newcastle-based firm Ward Hadaway is advising the North Tees and Hartlepool NHS Foundation Trust on a new £400m hospital development in Teesside.
Ward Hadaway partner and head of the public sector team Melanie Pears said the project was groundbreaking because the Government is financing it rather than private sector third parties.
However, Pears added that the project would benefit from lessons learned in PFI projects on how to control spending and deliver services on time.
Ward Hadaway has been instructed on the deal following its recent appointment to provide all external legal advice for the North Tees and Hartlepool NHS Foundation Trust, including all commercial projects and property matters.
The decision to build a new hospital in the area marks the end of 13 years of evaluation, said Pears. The hospital will serve people living in Hartlepool, Stockton, Easington and parts of Sedgefield.
The Department of Health and the Treasury will bankroll the development.
DTZ is the land agent advising on the project and Turner & Townsend is the cost consultant. They have not instructed external counsel.