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RNS Number : 1236U

Interserve PLC

20 October 2017

DEPARTMENT FOR WORK AND PENSIONS CHOOSE INTERSERVE FOR GBP227M FM CONTRACT

Interserve, the international support services and construction group, has been awarded a five-year contract worth GBP227 million to provide facilities management services for the Department for Work and Pensions (DWP).

Interserve will provide the DWP estate with mechanical, electrical and building maintenance. The company will also provide cleaning, catering, waste disposal, removal and secure destruction of confidential waste services to over 700 buildings throughout the UK, covering over 1.3 million square metres of space.

The contract is part of an innovative 'integrator' model being launched to manage the DWP estate. The new model, with Sodexo as integrator, will replace the DWP's existing Private Finance Initiative contract, which ends on March 31, 2018.

The model will allow DWP to focus on transformational objectives and strategic estates management, whilst being supported by a supply chain of specialist organisations to deliver the specific services needed to operate the DWP estate.

Debbie White, chief executive at Interserve said:

"We are delighted to be working with the DWP on this exciting new chapter in its history. Our goal is to deliver a seamless transition to providing facilities management services to the department. We understand the needs of the DWP to provide a safe, effective, compliant and accessible space for their employees and customers and we look forward to continuing to support the DWP in delivering a cost effective and efficient service."

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For further information about Interserve, please contact:

   Matthew Thomlinson                              0203 219 8818 
   CNC                                                    matthew.thomlinson@cnc-communications.com 
   Rhys Jones                                           07909 605336 
   Group Head of PR, Interserve                  rhys.1.jones@interserve.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. Headquartered in the UK and FTSE listed, we have gross revenues of GBP3.7 billion and a workforce of circa 80,000 people worldwide.

Website: www.interserve.com

For Interserve news follow: @interservenews

For facilities management updates follow: @INT_FM

This information is provided by RNS

The company news service from the London Stock Exchange

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October 20, 2017 02:00 ET (06:00 GMT)