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Interserve wins £65m contract with Network Rail

Mon, 06th Feb 2017 07:49

(ShareCast News) - Support services and construction group Interserve has won a new five-year facilities management contract with Network Rail worth £65m.Interserve will deliver facilities services such as waste management, landscaping, pest control, adverse weather management and washroom services across 11 of Network Rail's managed stations in London, Reading and Bristol. These include eight of the UK's 10 busiest stations.The company said the partnership marks the first time facilities services have been delivered by a single provider at these stations, with Interserve replacing multiple service-providers. The new contract builds on its existing relationship with Network Rail, which has included providing cleaning services across the organisation's estate for the last five years.Chief executive Adrian Ringrose said: "This contract win is testament to Interserve's expertise in the transport sector and our track record of delivery for Network Rail. Each year a total of three billion passengers pass through the transport environments we support, from airports to major city centre rail termini. It's an exciting time for the UK rail network and we look forward to supporting operational delivery at Network Rail's key stations, as well as playing our part in enhancing the passenger experience."Under the new contract, Interserve will introduce initiatives to improve waste recycling and new equipment to enhance standards and productivity. The group will also support apprenticeships, training and work experience programmes.
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23 Mar 2018 16:55

UPDATE 1-Rising trade tensions sends FTSE 100 lower

* FTSE 100 down 0.4 pct at close * Indivior tumbles 6 pct after patent litigation loss * GSK up after exits Pfizer consumer health bid * Asia-exposed at -

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23 Mar 2018 09:55

Escalating trade aggression sends FTSE 100 spiraling

(For a live blog on European stocks, type LIVE/ in an Eikon news window) * FTSE 100 down 1 pct * Indivior tumbles 5 pct after patent litigation loss * Smiths Group down 11 GSK

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22 Mar 2018 07:43

UPDATE 1-UK Stocks-Factors to watch on March 22

March 22 (Reuters) - Britain's FTSE 100 index is seen opening 22 points lower on Thursday, according to financial bookmakers, with futures down 0.4 pct ahead of the cash a

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21 Mar 2018 18:15

Interserve Reaches Milestone On GBP291.6 Million Financing Agreement

LONDON (Alliance News) - Interserve PLC said on Wednesday that it reached an agreement with lenders and other financial stakeholders on major commercial terms as well as the a

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21 Mar 2018 17:18

British outsourcer Interserve agrees new funding deal

March 21 (Reuters) - British construction and services company Interserve said on Wednesday it reached an agreement in principle with its creditors which will secure which warned in October that a

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11 Jan 2017 08:59

Interserve trading in line, on track for FY

(ShareCast News) - Support services and construction group Interserve said trading in the year to the end of December was in line with its previous guidance and expectations for the full year are unchanged. The company expects strong international construction and equipment services results will bro

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15 Nov 2016 14:30

Interserve gets termination notice on Glasgow energy project

(ShareCast News) - International support services and construction group Interserve has been served notice of the termination on its Glasgow Recycling & Renewable Energy project by Viridor. The company said it is now "assessing the implications of this development" with its legal advisers and will i

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15 Nov 2016 13:09

Interserve Receives Termination Notice For Glasgow Energy Project

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14 Nov 2016 09:11

Interserve wins FM contract with six government departments

(ShareCast News) - Interserve, an international support services and construction group, has secured a £40m, five-year facilities management account with six central government departments. The account, known as the 'Affiliate cluster' covers the Cabinet Office, the department for International Deve

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14 Nov 2016 08:04

Interserve Wins GBP40 Million UK Government Facilities Management Deal

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10 Oct 2016 08:08

UPDATE 1-Interserve to keep equipment services unit after review

(Adds analyst comment, details, background, share movement) By Esha Vaish Oct 10 (Reuters) - Support services and construction company Interserve Plc has decided to keep its RMD Kwikform business after a strategic review because it brings the firm more international exposure. In

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10 Oct 2016 07:41

Interserve to keep equipment services business

(ShareCast News) - Support services and construction group Interserve has decided to keep its equipment services business RMDK following a strategic review kicked off in February. Interserve concluded that it remains the best owner of RMDK and that retaining it as a core part of the group with an up

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27 Sep 2016 10:17

Interserve wins place on Department of Health construction framework

(ShareCast News) - Support services and construction group Interserve has won a place on the Department of Health's £4bn ProCure22 (P22) construction framework, due to start next month. The award continues Interserve's 14-year role on UK health frameworks, through which it has delivered more than £1

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27 Sep 2016 07:09

Interserve Wins Place On GBP4.0 Billion Department Of Health Framework

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