The contractor has been named preferred bidder to build and manage the council’s 'Excellent Homes for All' scheme.
Galliford Try will build seven developments of supported housing across the county, totally approximately 240 homes in all. The developments will provide supported living for vulnerable adults across Kent, as well as communal facilities. The construction contract is valued at £38m.
Galliford Try's facilities management (FM) business will provide hard and soft facilities maintenance and lifecycle management services to the developments. The FM contract is expected to be worth more than £36m over the 25-year term.
West Kent Housing Association will provide housing management services for the project, as Galliford Try's partner.
The project also involves the creation of a special purpose vehicle managed by Galliford Try Investments to develop social housing for vulnerable people in Kent. The current value of the index linked investment to be made by Galliford Try over the 25-year course of the contract is more than £4m.
Galliford Try chief executive Greg Fitzgerald said: "We are delighted to have been selected for this significant contract by Kent County Council. We continue to demonstrate our expertise in providing high quality facilities for vulnerable people. The multi-faceted nature of this contract provides further evidence that our diverse business allows us to offer clients integrated solutions to solve their problems."