Re Contract
December 01 2003 - 1:00AM
UK Regulatory
RNS Number:6523S
McAlpine (Alfred) PLC
01 December 2003
Prime Success for McAlpine
Alfred McAlpine plc (McAlpine) has today announced that its Business Services
operation is involved in preferred bidder negotiations to deliver maintenance
and refurbishment services as part of the MoD's Prime Contract for the
south-west.
McAlpine has been appointed as a core services provider by Debut Services, the
Babcock and Bovis consortium. A successful outcome to the MoD's negotiations
with Debut will lead to the award of the #500m seven-year contract for capital
and maintenance works on 120 MoD properties in the south-west, a deal worth in
excess of #100m to McAlpine.
Ian Grice, McAlpine's chief executive said:
" We are focused on developing long-term maintenance and FM contracts in our
Business Services operation. We entered the public sector maintenance market
through the acquisition of Inframan in 2002 and this win is testament to our
growing capability in the defence sector."
Business Services managing director Bill Allan said:
" We always seek out partnerships with innovative organisations. Debut have put
together some great proposals and Defence Estates have responded very well. It
is a great opportunity for us to take our growing public sector reputation
forward as we all develop a positive long term relationship providing mutual
benefits and delivering better value for money for the defence estate in the
South West."
Notes to Editors
* Debut, comprising Bovis Lend Lease Ltd and Babcock International Group,
is the Prime Contractor and will be responsible for capital works and
property maintenance at more than 120 MOD sites throughout the South West
region encompassing the counties of Cornwall, Devon, Dorset, Somerset, Avon,
parts of Gloucestershire, Wiltshire and Hampshire. The contract will run for
an initial seven-year period with options to extend to 10 years subject to
the satisfactory performance of the contractor and is expected to be worth
in excess of #500m.
* McAlpine is now a service business focused on the built environment. It
employs 8000 people and operates through three principal business streams:
* Business Services - which focuses on facilities and asset management,
information systems, and workplace advisory services.
* Capital Projects - which focuses on construction and civil
engineering services.
* Infrastructure Services - which focuses on utilities and highways
maintenance and renewal.
* Each business stream accounts for approximately one third of the
company's sales (#768m in 2002).
* McAlpine has restructured its business over the last two years, moving
out of house-building (it sold its homes business to Wimpey in 2001) and
making seven acquisitions to establish its Infrastructure Services and
Business Services operations.
Date: 1 December 2003
For further information contact:
Alfred McAlpine PLC www.mcalpineplc.com
Ian Grice, Chief Executive 020 7930 6255
Bill Loch, Communications Director
City Profile
Simon Courtenay 020 7448 3244
This information is provided by RNS
The company news service from the London Stock Exchange
END
CNTEAXFPAEEDFFE