Less Ads, More Data, More Tools Register for FREE

Pin to quick picksInterserve Share News (IRV)

  • There is currently no data for IRV

Interserve extends contract with Environment Agency

Mon, 19th Sep 2016 08:21
(ShareCast News) - Support services and construction company Interserve won a two-year extension to its contract with the Environment Agency, worth an extra £11m.Interserve, which first partnered with the Environment Agency in 2013 to provide facilities services including maintenance, cleaning and security across more than 100 locations, has been asked to maximise efficiency across the agency's estate to improving service delivery and cost savings.Part of its programme will introduce environmentally-friendly cleaning products to reduce the agency's carbon footprint.Interserve also has a long-term partnership with the Department for Environment, Food and Rural Affairs (DEFRA).Interserve managing director, Brian Talbot, said: "We have built a great relationship with the Environment Agency over the past three years and have developed a strong understanding of the organisation and its requirements. This, coupled with our partnership with DEFRA, gives us a unique opportunity to identify significant combined operational efficiencies and deliver better value for both organisations."David Scholey, deputy director of facilities management at the Environment Agency, added: "The smooth running of our estate is critical to day-to-day operations - to have continuity of service for a further two years through our ongoing partnership with Interserve is great news for the Environment Agency."Shares in Interserve were up 0.57% to 396.50p at 0838 BST.

Related News

Interserve wins ?7.6m contract with Department for Education
9 Sep 2019

Interserve wins ?7.6m contract with Department for Education

(Sharecast News) - Outsourcer Interserve has won a £7.6m contract with the Department for Education (DfE) to design and build a special education...

FRC launches probe into Grant Thornton's audits of Interserve
11 Apr 2019

FRC launches probe into Grant Thornton's audits of Interserve

(Sharecast News) - The Financial Reporting Council has launched an investigation into Grant Thornton's audit of outsourcer Interserve's financial stat...

Interserve's support services arm attracts Mitie, Serco
18 Mar 2019

Interserve's support services arm attracts Mitie, Serco

(Sharecast News) - Mitie and Serco are among interested suitors for a single part of Interserve, after their fellow oursourcer called in the administr...

Interserve News

Interserve Executive Director Steps Down Amid Shareholder Coup
12 Feb 2019

Interserve Executive Director Steps Down Amid Shareholder Coup

LONDON (Alliance News) - Interserve PLC said on Tuesday that Executive Director Dougie Sutherland will be leaving the company's board with immediate e...

WINNERS & LOSERS SUMMARY: Ocado Expects Hit To Sales Growth After Fire
6 Feb 2019

WINNERS & LOSERS SUMMARY: Ocado Expects Hit To Sales Growth After Fire

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Wednesday.----------FTSE 100 - WINN...

LONDON MARKET OPEN: Barratt Shareholders Gain, Interserve's Wiped Out
6 Feb 2019

LONDON MARKET OPEN: Barratt Shareholders Gain, Interserve's Wiped Out

LONDON (Alliance News) - London stocks got off to a slow start on Wednesday, taking a pause after Tuesday's impressive rally. Barratt Developments was...

Interserve agrees debt deal, faces vote to replace board
6 Feb 2019

Interserve agrees debt deal, faces vote to replace board

(Sharecast News) - Interserve on Wednesday said it had agreed a debt deal with its lenders but had also received a letter from a 5% shareholder reques...

TOP NEWS: Interserve Shareholder Wants Steinhoff Executive Installed (ALLISS)
6 Feb 2019

TOP NEWS: Interserve Shareholder Wants Steinhoff Executive Installed (ALLISS)

LONDON (Alliance News) - Interserve PLC on Wednesday confirmed a shareholder is seeking to remove its entire board, bar the CEO, while it has also agr...

LONDON MARKET PRE-OPEN: Barratt Profit Up; Interserve Gets Debt Deal
6 Feb 2019

LONDON MARKET PRE-OPEN: Barratt Profit Up; Interserve Gets Debt Deal

LONDON (Alliance News) - Stock prices in London on Wednesday are set to pull back from Tuesday's rally, while the pound remained below the USD1.30 mar...

PRESS: Interserve To Swap GBP300 Million Of Debt For New Shares - Sky (ALLISS)
4 Feb 2019

PRESS: Interserve To Swap GBP300 Million Of Debt For New Shares - Sky (ALLISS)

LONDON (Alliance News) - Interserve PLC is closing in on a rescue deal to swap almost a half of its debt for shares in the company, Sky News reported ...

Public sector outsourcing rocket 53% in 2018 despite struggles
15 Jan 2019

Public sector outsourcing rocket 53% in 2018 despite struggles

(Sharecast News) - GMB union has launched the Go Public campaign to reduce the outsourcing of public services which has risen by 53% in 2018 despite t...