We would love to hear your thoughts about our site and services, please take our survey here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksInterserve Regulatory News (IRV)

  • There is currently no data for IRV

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Contract Win

4 Apr 2011 09:22

INTERSERVE JOINT VENTURE AWARDED £130m CONTRACTS IN DWP's WORK PROGRAMME

Rehab JobFit, a 50:50 joint venture between Interserve and Rehab Group, has been awarded preferred provider status to deliver the Department for Work and Pensions' new Work Programme in Wales and the south-west of England. The combined contract value will be approximately £130 million over five years.

The Work Programme will replace all existing welfare-to-work programmes and focus on achieving long-term employment outcomes. The announcement of the contract awards was made by Prime Minister David Cameron at one of Rehab JobFit's sites in Gloucester where the programme will be delivered. It is expected that the first participants will commence on the programme in June.

Over 100,000 people are expected to benefit from vocational training, skills development and employment-focused support during the five-year period of the contract. The Rehab JobFit partnership will deliver the programme using its own training and employment resources and a supply chain of local organisations.

Adrian Ringrose, Interserve Chief Executive, commented, "As a major employer, Interserve has long had a commitment to enhancing the education and skills of its employees and has been a pioneer in working with government to develop a range of training programmes. These Work Programme contracts enable us to take that commitment a stage further by helping the long-term unemployed find meaningful and sustainable employment. The fresh and dynamic Rehab JobFit partnership brings together Interserve's experience of managing supply chains and delivering services effectively to government with Rehab Group's strong track record in supporting people to achieve the skills they need to build lasting careers."

- Ends -

For further information please contact:

Giles Scott 0118 960 2307 Head of Corporate Communications Elizabeth Morley / Tom Eckersley / Sam Turvey 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, has revenue of £1.9 billion and a workforce of nearly 50,000 people worldwide. Website: www.interserve.com.

About Rehab Group

The Rehab Group is an independent, not-for-profit organisation which provides training, employment, health and social care and commercial services for some 46,000 people each year. It holds significant contracts for the delivery of government-funded welfare to work programmes, and has over 60 years' experience in the provision of training, education, health and social care, employability support and employment services. Rehab works with people who are long-term unemployed, others who are marginalised and people with a wide range of disabilities to enable them to secure their futures and build lasting careers. Rehab has a turnover of £180 million and provides services in four EU member states. Website: www.rehab.ie.

vendor
Date   Source Headline
15th Mar 20196:27 pmRNSInterserve
15th Mar 20195:56 pmRNSSuccessful completion of sale of the Group
15th Mar 20192:47 pmRNSHolding(s) in Company
15th Mar 20192:01 pmRNSParent Company Administration
15th Mar 201912:33 pmRNSResult of General Meeting
14th Mar 201911:41 amRNSTotal Voting Rights and Warrant Update
14th Mar 20199:18 amRNSDirector/PDMR Shareholding
12th Mar 20198:30 amRNSBlock Listing Application
11th Mar 20195:27 pmRNSResponse to media reports re Deleveraging Plan
5th Mar 201912:56 pmRNSResponse to proposal Coltrane Asset Management L.P
4th Mar 20196:03 pmRNSUpdate on Coltrane Asset Management L.P Proposal
28th Feb 20199:58 amRNSPublication of a Prospectus
27th Feb 20199:05 amRNSDeleveraging Plan details and launch
27th Feb 20198:58 amRNSFull Year Results 2018
26th Feb 20194:17 pmRNSNotice of Requisition General Meeting
22nd Feb 20193:54 pmRNSHolding(s) in Company
22nd Feb 20193:50 pmRNSUpdate on Deleveraging Plan
20th Feb 20199:56 amRNSHolding(s) in Company
19th Feb 201910:13 amRNSHolding(s) in Company
13th Feb 20194:25 pmRNSDirector/PDMR Shareholding
12th Feb 20197:00 amRNSDirectorate Change
6th Feb 20197:10 amRNSStatement re Shareholder Requisition
6th Feb 20197:00 amRNSStatement re Deleveraging Plan
24th Jan 201912:07 pmRNSSecond Price Monitoring Extn
24th Jan 201912:02 pmRNSPrice Monitoring Extension
16th Jan 20191:14 pmRNSDirector/PDMR Shareholding
14th Jan 20194:41 pmRNSSecond Price Monitoring Extn
14th Jan 20194:36 pmRNSPrice Monitoring Extension
2nd Jan 201912:30 pmRNSHolding(s) in Company
2nd Jan 20197:00 amRNSBlock listing Interim Review
28th Dec 20184:20 pmRNSHolding(s) in Company
21st Dec 20187:00 amRNSProgress on Deleveraging Plan
17th Dec 20182:52 pmRNSDirector/PDMR Shareholding
10th Dec 20189:30 amRNSInterserve Awarded £25m Contract.
10th Dec 20187:00 amRNSDELEVERAGING PLAN
29th Nov 20182:30 pmRNSHolding(s) in Company
28th Nov 201810:50 amRNSHolding(s) in Company
27th Nov 20183:59 pmRNSHolding(s) in Company
23rd Nov 20182:07 pmRNSHolding(s) in Company
23rd Nov 20187:00 amRNS3rd Quarter Update
16th Nov 20184:12 pmRNSHolding(s) in Company
16th Nov 20184:09 pmRNSHolding(s) in Company
13th Nov 20182:50 pmRNSStatement following recent press coverage
13th Nov 201811:00 amRNSDirector/PDMR Shareholding
23rd Oct 201811:03 amRNSHolding(s) in Company
22nd Oct 20184:27 pmRNSHolding(s) in Company
17th Oct 20189:04 amRNSDirector/PDMR Shareholding
2nd Oct 20187:00 amRNSSALE OF ACCESS AND HARD SERVICES BUSINESS
1st Oct 20189:27 amRNSHolding(s) in Company
14th Sep 20189:58 amRNSDirector/PDMR Shareholding

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.