Listen to our latest Investing Matters Podcast episode 'Uncovering opportunities with investment trusts' with The AIC's Richard Stone 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

Re Contract

1 Dec 2009 07:00

1st December 2009 INTERSERVE COMMENCES NEW 200m HSBC FACILITIES MANAGEMENT CONTRACT

Interserve, the services, maintenance and building group, has won a 200 million facilities management (FM) contract with HSBC and is commencing service delivery on 1st December after intensive preparations. In a three-year agreement, which has a potential two-year extension, Interserve will deliver facilities services at over 1,600 retail and 120 office sites across the UK, Channel Islands and the Isle of Man.

The new contract represents a further integration of HSBC's support services functions, bringing more together under one provider than was previously the case. In a short timescale Interserve has undertaken a complex handover including the transfer, under TUPE regulations, of over 2,000 staff from a variety of incumbent suppliers and from HSBC itself.

This is one of the largest such contracts in the UK. At its core is the integration of strategic facilities management delivery with the management and delivery of programmes driven by business, customer and estate requirements. Interserve's responsibilities will include the delivery of services to the HSBC group headquarters in Canary Wharf in addition to an estate that includes ATM cash machines, retail branches, commercial centres, offices, data centres, sports, social facilities and training centres. In total Interserve will manage facilities over an area of 720,000 square metres.

Key support services include a centralised service, helpdesk and performance centre, building services, fabric maintenance, cleaning, catering and utilities management, in a `total' facilities management package. The service centre will be a single point of contact for HSBC customers and will also manage and report on performance across the contract. The centre is located within Interserve's National Service Centre based in Redditch and expects to manage over 200,000 telephone calls and up to 300,000 emails a year.

Interserve will support HSBC to measure its environmental performance and make adjustments to meet its targets in energy efficiency, recycling levels, water usage, waste reduction and CO2 emissions.

"The point at which we begin service delivery is always an exciting moment," commented Adrian Ringrose, Interserve's Chief Executive, "but in the case of HSBC it is even more so than usual. The size of the contract, the number and variety of incumbent suppliers and the fact that we are going further with this client than anyone else has previously all add to the challenge. We are confident that the complex preparations we have undertaken have laid the foundations for the improved service, reduced cost and enhanced business processes that HSBC needs."

- Ends -

For further information please contact:

Giles Scott 0118 960 2307

Head of Corporate Communications

Elizabeth Morley / Tom Roberts 020 7379 5151MaitlandAbout Interserve

Interserve's vision is to be the Trusted Partner of all our stakeholders. We are a services, maintenance and building group 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 and is a FTSE 250 company. It has revenue of 1.8 billion and a workforce of 50,000 people worldwide.

Commercial website: www.commercial.interserve.com

General website: www.interserve.com.

vendor
Date   Source Headline
5th Apr 20122:48 pmPRNDirector/PDMR Shareholding
4th Apr 201211:57 amPRNDirector/PDMR Shareholding
30th Mar 20129:07 amPRNDirector/PDMR Shareholding
30th Mar 20128:45 amPRNTotal Voting Rights
29th Mar 20127:00 amPRNContract Win
28th Mar 201212:15 pmPRNAnnual Report and Notice of 2012 AGM
26th Mar 20129:19 amPRNHolding(s) in Company
20th Mar 201210:56 amPRNHolding(s) in Company
16th Mar 20122:28 pmPRNDirector/PDMR Shareholding
8th Mar 20123:35 pmPRNDirector/PDMR Shareholding
6th Mar 20121:10 pmPRNDirector/PDMR Shareholding
29th Feb 20127:00 amPRNFinal Results
20th Feb 20121:25 pmPRNNotice of Results
9th Feb 20122:09 pmPRNDirector/PDMR Shareholding
11th Jan 20129:28 amPRNDirector/PDMR Shareholding
10th Jan 20127:00 amPRNTrading Statement
5th Jan 201211:45 amPRNHolding(s) in Company
9th Dec 20113:17 pmPRNDirector/PDMR Shareholding
14th Nov 20117:00 amPRNInterim Management Statement
14th Nov 20117:00 amPRNContract Win
9th Nov 20113:27 pmPRNDirector/PDMR Shareholding
1st Nov 20119:11 amPRNHolding(s) in Company
27th Oct 201111:15 amPRNDirector/PDMR Shareholding
18th Oct 20117:00 amPRNAnalyst Visit
14th Oct 20118:43 amPRNHolding(s) in Company
13th Oct 20112:00 pmPRNHolding(s) in Company
11th Oct 201110:16 amPRNDirector/PDMR Shareholding
9th Sep 20118:53 amPRNDirector/PDMR Shareholding
19th Aug 20111:54 pmPRNDoc re Half-Year Report
10th Aug 20117:00 amPRNHalf-yearly Report
9th Aug 20111:51 pmPRNDirector/PDMR Shareholding
8th Aug 20117:00 amPRNContract Win
5th Aug 20114:12 pmPRNHolding(s) in Company
1st Aug 20112:17 pmPRNHolding(s) in Company
27th Jul 20119:06 amPRNNotice of 2011 Half-Year Results & Analyst Presentation
11th Jul 20119:31 amPRNDirector/PDMR Shareholding
5th Jul 20117:00 amPRNTrading Statement
1st Jul 201110:21 amPRNBlocklisting - Interim Review
9th Jun 20119:11 amPRNDirector/PDMR Shareholding
3rd Jun 201112:52 pmPRNDirector/PDMR Shareholding
19th May 201110:34 amPRNHolding(s) in Company
18th May 20112:43 pmPRNResult of AGM
18th May 20117:00 amPRNInterim Management Statement
10th May 201111:37 amPRNDirector/PDMR Shareholding
10th May 201111:35 amPRNDirector/PDMR Shareholding
28th Apr 20111:39 pmPRNAnnual Information Update
21st Apr 20119:40 amPRNDirector/PDMR Shareholding
15th Apr 20119:07 amPRNDirector/PDMR Shareholding
8th Apr 20114:06 pmPRNDirector/PDMR Shareholding
6th Apr 201111:55 amPRNDirector/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.