Interserve Scoops £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.

Contracts in the UK awarded are:

• 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.

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."


(CD/GK)