Interserve Regulatory News (IRV)

Release

September 27 2017

INTERSERVE WINS PLACE ON £8 BILLION HOMES AND COMMUNITIES AGENCY FRAMEWORK

Interserve, the international support services and construction group, has won a place on the Homes and Communities Agency's £8 billion Delivery Partner Panel 3 (DPP3) Framework.

The four-year framework is divided into regional lots, and Interserve - a new entrant into the DPP framework - is appointed to all five. The framework aims to speed up the construction of residential and mixed-use developments on public sector land as part of the UK government's plan to increase housing provision through private sector involvement.

As part of the framework, public sector bodies including central government and local authorities, will be able to seek advice from Interserve at the earliest stages of a project, subsequently working closely with delivery panel members to develop housing-led sites and associated infrastructure.

Gordon Kew, Managing Director at Interserve, said:

"Our success in winning a place on this framework highlights our ability to deliver complex projects for our customers. We look forward to advising panel users from the very start of their procurement journey to help solve problems, add value and ultimately deliver quality developments that achieve both time and cost savings."

The delivery partner panel has been in use for the last six years and has already enabled the delivery of 45,000 homes on 250 sites. The estimated spend for the new framework has doubled to £8 billion from an original £4 billion, as the Homes and Communities Agency is taking more responsibility for mixed-use tenure schemes and bringing in more bodies to use its preferred list. The framework is geared to attract developments ranging from 50 to 500 units.

Ends

For further information please contact:

Rhys Jones 01189 60 2285

Group Head of PR, Interserve rhys.1.jones@interserve.com

Matthew Thomlinson 07908 249 266

CNC Communications matthew.thomlinson@cnc-communications.com

LEI: 549300MVYY4EZCRFHZ09.

About Interserve

Interserve is one of the world's foremost support services and construction companies. Our vision is to redefine the future for people and places. Everything we do is shaped by our core values. We are a successful, growing, international business: a leader in innovative and sustainable outcomes for our clients and a great place to work for our people. We offer advice, design, construction, equipment, facilities management and frontline public services. We are headquartered in the UK and listed in the FTSE. We have gross revenues of £3.7 billion and a workforce of circa 80,000 people worldwide.

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