Interserve PLC Interserve announces contract win (4992I)
June 20 2017 - 1:00AM
UK Regulatory
TIDMIRV
RNS Number : 4992I
Interserve PLC
20 June 2017
INTERSERVE WINS GBP265 MILLION ACCOUNT EXTENSION FOR STRATEGIC
UK INTERNATIONAL BASES
Interserve, the international support services and construction
group, has been awarded a two-year contract extension worth up to
GBP265 million to continue as the infrastructure support provider
for four strategic international UK Armed Forces bases.
The contract has been awarded by the Defence Infrastructure
Organisation (DIO) on behalf of the Joint Forces Command (JFC). The
four sites comprise the JFC's international Permanent Joint
Operating Bases in the Falkland Islands and Ascension Island in the
South Atlantic Ocean, as well as Gibraltar and Cyprus in the
Mediterranean.
Interserve is responsible for infrastructure support at the
bases, including planned and reactive work to maintain the sites.
The company also provides a range of site-specific services across
the bases, such as aircraft handling at Ascension Island, power
generation, water treatment and plant management in the Falklands,
and support for visiting vessels in Gibraltar.
Interserve has extensive experience in delivering infrastructure
support services at diverse and complex sites and has held the
Permanent Joint Operating Bases contracts with the DIO and JFC for
over 10 years.
Adrian Ringrose, Interserve's Chief Executive, said:
"With extensive defence expertise and a ten year track record
working with the DIO and JFC on this specific portfolio, we are
well-equipped to meet the varied and changing requirements of our
Armed Forces across these strategic sites.
"From supporting visiting vessels in Gibraltar to delivering
aircraft services at Ascension Island, the smooth running of these
Permanent Joint Operating Bases is vital to the security of our
Armed Forces and the civilians that they protect. We are extremely
proud to support the building and maintenance of the infrastructure
required for our country's defence efforts both at home and
abroad."
Interserve has a long track record supporting the DIO's
portfolio, including securing a five year contract in 2016 worth
GBP230 million to provide facilities services at the US Air Force's
UK estate. Other key projects include providing support services
for the DIO's military training estate, as well as contracts for
specific Ministry of Defence (MoD) bases such as MoD Corsham and
MoD Lyneham.
- Ends -
For further information about Interserve, please contact:
Matthew Thomlinson 0203 219 8818
CNC matthew.Thomlinson@cnc-communications.com
Stephanie Byrne 0207 636 7366
Camargue sbyrne@camargue.uk
Rhys Jones 01189 60 2285
Group Head of PR, Interserve rhys.1.jones@interserve.com
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
END
CNTDMGMVFLZGNZM
(END) Dow Jones Newswires
June 20, 2017 02:00 ET (06:00 GMT)
Interserve (LSE:IRV)
Historical Stock Chart
From Apr 2024 to May 2024
Interserve (LSE:IRV)
Historical Stock Chart
From May 2023 to May 2024