Interserve PLC Contract Win

TIDMIRV

Interserve PLC

14 November 2016

Press release

November 14, 2016

INTERSERVE WINS GBP40 MILLION UK GOVERNMENT TOTAL FACILITIES MANAGEMENT ACCOUNT

Interserve, the international support services and construction group, has secured a new five-year total facilities management account with six central government departments worth over GBP40 million.

Known as the 'Affiliate Cluster', the account covers the Cabinet Office, the Department for International Development (DFID), the Food Standards Agency (FSA), the Government Actuary's Department (GAD), the Health and Safety Executive (HSE) and the Office for Standards in Education, Children's Services and Skills (Ofsted). It is the first time that all six departments' facilities management services will be handled by a single provider. The deal hopes to achieve annual double-digit cost savings across the six departments.

The contract was awarded through the Crown Commercial Services (CCS) Framework Agreement for Facilities Management Services and will see Interserve deliver a broad range of services including security, catering, front-of-house, as well as mechanical and electrical maintenance. Through the new partnership, Interserve will also incorporate the use of SMEs in line with Government targets.

Alongside the new cross-departmental deal, Interserve also has pre-existing partnerships with the Home Office (HO), the Foreign & Commonwealth Office (FCO), the Department for Environment, Food and Rural Affairs (DEFRA) and the Health and Safety Laboratory in Buxton (HSE).

Adrian Ringrose, Chief Executive at Interserve, said:

"We have excellent relationships in central government and are very pleased to be expanding this partnership into new departments. We feel that our extensive experience of delivering diverse, complex facilities management services for government makes us the ideal partner for this combined contract. Ahead of the start of this contract we are focusing on the training and development of our people, to ensure we continue to provide the highest standard of customer service."

John Manzoni, Chief Executive of the Civil Service, said:

"Bringing the support services together under a single overarching account will deliver significant benefits for each department and for the government as a whole. Thanks to the efficiencies that our partnership with Interserve will deliver, we will achieve consistent service level across the estate whilst bringing savings; ensuring we are delivering real value to taxpayers."

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For further information about Interserve, please contact:

   Michael Kinirons                                                020 3219 8816 
   CNC Communications                                         [e-mail] 
   Rhys Jones                                                        01189 60 2285 
   Group Head of PR, Interserve                             [e-mail] 

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 GBP3.6 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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November 14, 2016 02:00 ET (07:00 GMT)