Morrison Construction will carry out the construction of The Wick Community Campus project which will replace the existing Wick High School, South Primary School, Pulteneytown Academy Primary School, the Carnegie Library and the community swimming pool.
Construction has now started on site and is expected to be completed by September 2016.
As part of the deal, Galliford Try will invest £1.6m into the project and will deliver ongoing hard facilities maintenance and lifecycle management services worth £13m over the 25 year concession period.