Interserve Regulatory News (IRV)

29 Mar 2012 07:00

29 March 2012

INTERSERVE CONSORTIUM PREFERRED BIDDER FOR £150m WEST YORKSHIRE POLICE PFI

CONTRACT

An Interserve-led consortium has been appointed preferred bidder by West Yorkshire Police Authority and West Yorkshire Police to deliver two new divisional headquarters (DHQs), custody suites and a specialist operational training facility. The consortium, led by Interserve, the international support services and construction group, together with Equitix, the infrastructure developer and fund manager, will design, build, finance and operate the new facilities.

The new £100 million DHQs and custody facilities will be located at Elland Road in Leeds (within City and Holbeck Division) and Havertop Lane at Normanton (within Wakefield Division). These schemes will provide a modern, flexible working environment and, importantly, support West Yorkshire Police's drive to modernise services that are provided to local communities. The new specialist operational training centre will be located on a site adjacent to the force's Operational Support Division at Carr Gate in Wakefield and will include state-of-the-art firearms training ranges, driver and public order training facilities. Interserve will be providing support services to this project worth £47 million over the 25-year life of the concession.

Financial close and the signing of the contract are expected to take place by June 2012 and construction will commence on each of the sites thereafter, to be completed in 2014. Interserve will then be responsible for the delivery of facilities management services (including cleaning, maintenance and energy management) once the buildings are completed.

Commenting on the work, Adrian Ringrose, Chief Executive of Interserve said:

"Our team is really looking forward to delivering such a high profile project. It will have a major impact on the community it serves, providing modern facilities and enhancing service delivery to local people. We are committed to working closely with the community to ensure the local economy benefits from our involvement over the long term."

Chief Operating Officer for Equitix, Nick Parker said:

"We look forward to working with our partners, Interserve, to delivering the three new facilities and are committed to delivering excellent design and value for the West Yorkshire Police Authority as well as the local community. This project represents an excellent fit with our funds."

Chair of West Yorkshire Police Authority, Councillor Mark Burns-Williamson, said:

"I am delighted to confirm the formal appointment of the Interserve / Equitix consortium as preferred bidder following a detailed and competitive bidding process. Throughout the development of the proposals the consortium has demonstrated commitment, vision and a proven ability to deliver innovative facilities on time, on budget."

- Ends -

For further information please contact:

Giles Scott 0118 960 2307 Head of Corporate Communications Elizabeth Morley / Tom Eckersley 020 7379 5151 Maitland About Interserve

Interserve's vision is to be the Trusted Partner of all our stakeholders. We are one of the world's foremost support services and construction companies, operating in the public and private sectors in the UK and internationally. We offer advice, design, construction, equipment and facilities management services for society's infrastructure. Interserve is based in the UK and is listed in the FTSE 250 index. We have gross revenue of £2.3 billion and a workforce of over 50,000 people worldwide. Website: www.interserve.com.

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