11 Jan 2011 07:01
INTERSERVE WINS £0.5bn CONTRACTS
Interserve, the international support services and construction group, has won a series of new contracts in the UK and across the Middle East. Together with the £63 million St Helens schools contract announced in December these are worth an aggregate of more than £0.5 billion. They are:
UK
* Construction and refurbishment contracts worth £57 million for three
schools within the Sandwell Building Schools for the Future ("BSF")
programme, and the facilities management at the schools thereafter worth
£50 million over 25 years.
* A £26 million hospital development at Yardley Green, Birmingham, under the
ProCure21 framework programme, including associated mechanical and
electrical services worth around £5 million.
* Additional work worth £29 million in the development of Llandough Hospital
near Cardiff, where Interserve is already undertaking a major programme
under the Designed for Life: Building for Wales framework.
* Several support services contracts, each of three years' duration and with
an aggregate value of over £28 million, with William Hill, BNY Mellon and
the University of Greenwich. The William Hill contract, outsourced for the
first time, involves the cleaning of its betting shop estate throughout
England, Scotland and Wales - the largest in Britain.
* The provision of access services to Sellafield and Pembroke power station,
each over a two-year period, worth an aggregate £8 million.
* A place on the Northumbrian Water framework worth an estimated £1.5 billion
over the next 10 years. The 19 appointed contractors and consultants will
undertake contracts for all major future work required to upgrade and
maintain the drinking water and sewerage networks throughout the north-east
and in Essex and Suffolk.
Qatar
* A £39 million contract to build an energy centre and multi-storey car park
in Doha.
* A £29 million award to build three new schools in Doha, including
associated mechanical and electrical services.
* Three further contracts, for RasGas (procurement, construction and
installation services), Total (design, fabrication and testing) and QVC
(maintenance services), worth more than £30 million in aggregate.
UAE
* A £30 million contract to fit out the Sofitel Resort Palm Jumeirah hotel in
Dubai.
* A £10 million contract to improve existing roads and build new carriageways
in the emirate of Umm Al Quwain.
* A £7.5 million contract for the construction of a new freeway in Fujairah.
Oman
* A £13 million award for construction works related to two power stations in
Sohar for GS Engineering.
* A £7 million contract to extend existing accommodation facilities for
Renaissance Services.
* A three-year contract with the UK Ministry of Defence to provide
maintenance services and small works at Musanah air base near Muscat.
Adrian Ringrose, Interserve Chief Executive, commented, "The spread of these new contracts across our markets shows that our ability to win new work remains strong on a broad front. Our strategy of focusing on support services and construction, whether together or as separate services, is clearly an attractive proposition for many clients."
- Ends -
For further information please contact:
Giles Scott 0118 960 2307 Head of Corporate Communications Elizabeth Morley / Tom Eckersley 020 7379 5151 Maitland Notes to editors
The Middle East contracts listed are with associate companies of which Interserve owns 45 per cent in the UAE and 49 per cent elsewhere.
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 and facilities management services for society's infrastructure and provide a range of plant and equipment in specialist fields. Interserve is based in the UK. It has revenue of £1.9 billion and a workforce of 50,000 people worldwide. Website: www.interserve.com .
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