Everton have signed an agreement with Laing O’Rourke which will lock in construction costs and see the contractor deliver the next and final phase of development of the club’s new stadium at Bramley-Moore Dock. A main construction contract, signed by both parties, will see Laing O’Rourke complete construction of the 52,888 capacity waterfront venue while also providing Everton with greater certainty as to the cost of the remaining stages of the project.
Everton 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. Mr Moshiri and the Board’s commitment to the project remains unwavering and we’ve been delighted by the progress so far. 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 on the stadium began in the summer of 2021, with significant progress made on site as non-listed structures have been demolished, heritage assets removed and preserved, the dock basin repaired and infilled, foundations laid and the concrete structure of four corners of Everton’s new home now starting to emerge from the ground.
