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Plc  >  Media  >  News

Trading Update; Over £350m of Contract Wins

Interserve Plc, the services, maintenance and building group, today provides an update on trading in advance of its annual results announcement on 10 March 2010, including details of new contract wins totalling over £350 million.

12 Jan 2010
Interserve selected for £2.6bn YORbuild framework

Interserve has been selected for the YORbuild Framework, open for the use of local authorities and public service bodies throughout Yorkshire and the Humber region. The framework will have an initial life of four years with the option to extend for a further two. The total value over the six years is anticipated to be approximately £2.6 billion.

8 Dec 2009
Interserve commences new £200m HSBC facilities management contract

Interserve, the services, maintenance and building group, has won a £200 million facilities management (FM) contract with HSBC and is commencing service delivery on 1 December after intensive preparations. In a three-year agreement, which has a potential two-year extension, Interserve will deliver facilities services at over 1,600 retail and 120 office sites across the UK, Channel Islands and the Isle of Man.

1 Dec 2009
Interserve transfers 13 PFI investments, valued at £61.5m, to pension scheme

Interserve, the services, maintenance and building group, is pleased to announce an agreement to dispose of its interest in a portfolio of 13 PFI investments, valued at £61.5 million, into the Interserve Pension Scheme ("the Scheme").

26 Nov 2009
Interserve selected for £4bn Academies Framework

Interserve has been awarded a place on the new £4 billion Partnerships for Schools (PfS) national Contractors' Framework, covering the design and build of Academies and other educational facilities throughout England. There are two separate regions for the framework, North and the Midlands, and London and the South, and Interserve has been selected for both, giving it two places of the 24 awarded.

16 Nov 2009
Interim Management Statement

Interserve Plc, the services, maintenance and building group, issues its Interim Management Statement covering the period from 1 July 2009 to date.

16 Nov 2009
Interserve completes junction improvements on A1 Trunk Road

Interserve, the services, maintenance and building group has completed, on behalf of the Highways Agency, the final stage of the A1 Peterborough to Blyth Junction Improvement scheme, which is being officially opened today, Tuesday 20 October 2009.

20 Oct 2009
Interserve Wins £500,000 Circle Contract

Interserve has been awarded a £500,000, two-year contract by Circle, Europe's largest private healthcare partnership, to provide facilities services including maintenance and cleaning at its new Bath hospital, CircleBath.

19 Oct 2009
Interserve Wins £40m Dubai Ducab Contract

Interserve, the services, maintenance and building group, has won a £40 million contract to create an industrial development in Jebel Ali through its Dubai associate company Khansaheb Civil Engineering. The project involves the construction of an extensive factory complex for the Ducab HV joint venture comprising DUCAB (Dubai Cable Company), DEWA (Dubai Electricity and Water Authority) and ADWEA (Abu Dhabi Electricity and Water Authority).

14 Oct 2009
Interserve Wins New £77m Sandwell College Campus

Interserve has begun work on the new, £77 million Sandwell College campus in West Bromwich following confirmation of funding by the Learning and Skills Council at the end of August. With preparations on site now under way, it is expected that construction will be complete by the autumn of 2011.

14 Oct 2009
Interserve Among Leaders in Climate Change Disclosure and Performance

Interserve has been commended by the Carbon Disclosure Project (CDP), which represents 475 institutional investors with $55 trillion in assets under management, for its approach to climate change disclosure. It is also one of the top 10 companies in the FTSE 350 index in terms of its CDP performance.

9 Oct 2009
Interserve Awarded £20 Million Nuclear Module Construction Contract at Sellafield

Interserve, the services, maintenance and building group, has been awarded a prestigious £20 million contract with process engineering contractor Costain Oil & Gas Process Ltd.

24 Sep 2009
OFT Announcement

Following its investigation into the construction industry the Office of Fair Trading (OFT) announced fines for 103 companies this morning. One of these is Interserve Project Services Limited.

22 Sep 2009
Interserve Wins Place on £40 Million Severn Trent Framework

Interserve, the services, maintenance and building group, has secured a place on Severn Trent’s £40 million property framework, alongside two other contractors.

15 Sep 2009
Half-year report for the six months ended 30 June 2009

The half-year report for the six months ended 30 June 2009 is now available from the Interserve group website.

28 Aug 2009
Interserve Named Preferred Bidder for £60m Thames Riverside Works

Interserve, the services, maintenance and building group, has been named preferred bidder for a £60 million Thames Water Utilities contract covering the creation of new facilities and upgrade works at the Riverside Sludge Digestion plant.

13 Aug 2009
Half-year results for the six months ended 30 June 2009

The half-year results for the six months ended 30 June 2009 were announced on 11 August 2009.

11 Aug 2009
Interserve Wins Alliance Role in £590m South West Water K5 Programme

Interserve, the services, maintenance and building group, has been named as a Delivery Alliance Partner in South West Water's (SWW) K5 framework programme. K5 is the company's programme covering the water industry's AMP5 (Asset Management Plan 5) period and runs from April 2010 to March 2015. It is estimated that the Interserve element is likely to be in the order of £100m of the overall programme subject to the outcome of the ongoing Ofwat price review to be finalised in November this year.

11 Aug 2009
Interserve Consortium Reaches Financial Close On £280m+ Sandwell BSF Programme

The Interserve-led consortium Environments for Learning (E4L) has achieved financial close on the Building Schools for the Future (BSF) contract with Sandwell Metropolitan Borough Council. Interserve will deliver construction and facilities management (FM) services worth more than £280 million in Sandwell’s major schools development programme.

3 Aug 2009
Interserve Named Preferred Bidder for £200m HSBC FM Contract

Interserve, the services, maintenance and building group, has been named preferred bidder by HSBC for a £200 million contract to provide facilities management (FM) services across the banking and financial services organisation's property portfolio in the UK.

31 Jul 2009
CBI Announces New Public Services Chief

Adrian Ringrose has been appointed the new chairman of the CBI’s Public Services Strategy Board (PSSB), which leads the business group’s campaign to reform the UK's public services.

27 Jul 2009
Interserve Wins Place on £500m South-West Construction Framework

Interserve, the services, maintenance and building group, has won a place on the Construction Framework South West (CFSW), worth a possible £500 million over the next four years. Ten other contractors are also involved.

20 Jul 2009
Open for the Open: Interserve Delivers Turnberry on Time

Interserve, the services, maintenance and building group, and owner Leisurecorp have successfully delivered a renewed Turnberry golf resort in time for The Open Championship 2009 running from 16-19 July.

13 Jul 2009
Trading Update

Interserve Plc, the services, maintenance and building group, today provides an update on trading in advance of announcing half-year results on 11 August 2009.

10 Jul 2009
Interserve Joint Venture Awarded £250m United Utilities Framework Agreement

Interserve, as part of the KMI Plus Joint Venture, is pleased to announce the award of a £250 million contract for the Non-infrastructure Capital Delivery Framework with United Utilities. This is an extension into AMP5 of the AMP4 framework agreement, which was an option available to United Utilities subject to performance.

10 Jul 2009
Interserve Named Best Place to Work

Interserve's Project Services division has been named the Best Building Contractor with over 500 employees in the Best Places to Work in Construction 2009 awards organised by Contract Journal and sponsored by ConstructionSkills.

19 Jun 2009
Interserve Named As Partner in £400m Highways Agency Framework Contract

Interserve has been named as a partner in the Highways Agency’s managed works framework contract for the maintenance and repair of highways and structures in the east and south-east of England. The maximum value of the framework, which is for two years with a possible two-year extension and is shared with four other contractors, is £400 million over the four years.

10 Jun 2009
Interserve Wins P21 Good Hope Hospital Project

Interserve, the services, maintenance and building group, has won an NHS ProCure21 framework contract to create a ward block at Good Hope Hospital in Sutton Coldfield for Heart of England Foundation NHS Trust.

10 Jun 2009
Interserve Reaches Financial Close on Two Northern Ireland Education PPP Projects

Interserve, in consortium with partner O'Hare & McGovern, has reached financial close on two PPP contracts, together worth £80 million in construction and facilities management revenue. The Down & Connor and De La Salle Schools projects involve the design, build, operation and maintenance of four schools in Northern Ireland.

1 Jun 2009
Interserve Consortium Reaches Financial Close on c. £270m Enniskillen Hospital PFI

An Interserve consortium has reached financial close on the contract to create and maintain the new acute hospital at Enniskillen, County Fermanagh, worth approximately £270 million. The consortium was named preferred bidder for the project, the first PFI hospital in Northern Ireland, by the Western Health and Social Care Trust in September 2008.

22 May 2009
Interserve Wins £110m Prison Contract

Interserve, the services, maintenance and building group, has been awarded a £110 million contract to design and construct a new prison for the Ministry of Justice. The facility, to be known as HMP/YOI Isis, will be situated within the current Belmarsh prison campus site in Woolwich.

19 May 2009
AGM and Interim Management Statement

Interserve Plc, the services, maintenance and building group, is holding its Annual General Meeting at 10.00am today and also issues its Interim Management Statement covering the period from 1 January 2009 to date.

12 May 2009
Interserve Delivers A38 Dobwalls Bypass for the Highways Agency

Interserve, the services, maintenance and building group, has completed the 4km bypass of Dobwalls in Cornwall on behalf of the Highways Agency. The two-year project, designed by Parsons Brinckerhoff and built by Interserve, means 21,000 vehicles a day will no longer have to pass through the village, dramatically improving the quality of life for local residents.

23 Apr 2009
Interserve Wins £50m Middle East Contracts

Interserve, the services, maintenance and building group, has won three contracts worth £50 million in aggregate through its Middle East associate companies: a construction project in Dubai and two engineering /fabrication projects in Qatar.

21 Apr 2009
Interserve Serves Up £21.9 Million Defence Food Services School to the Army

Interserve, the services, maintenance and building group, has successfully completed a £21.9 million project to create a state-of-the-art facility for the Defence Food Services School (DFSS) at Winchester Garrison.

20 Apr 2009
Interserve Generates £15m Cash from PFI Interests

Interserve, the services, maintenance and building group, today announces the crystallisation of £15m cash from two projects within its PFI portfolio.

16 Apr 2009
Interserve Appointed As Lead Developer for New Community Hospital

Interserve, the services, maintenance and building group, has been appointed lead development partner for the construction of a new Community Hospital in Beverley by NHS East Riding of Yorkshire. The company will deliver services worth £15 million in creating a hospital that will provide an exceptional range of inpatient, outpatient and diagnostic services in a 21st-century environment for patients, staff and visitors.

2 Apr 2009
Interserve Consortium Chosen for £280m+ Sandwell BSF Programme

The Interserve-led consortium Environments for Learning (E4L) has been named Selected Bidder by Sandwell Council for its major schools development programme using the government's Building Schools for the Future (BSF) framework. Interserve will deliver construction and facilities management (FM) services worth more than £280 million.

16 Mar 2009
Interserve Wins £200m Contracts in UK and Middle East

Interserve, the services, maintenance and building group, has won contracts in the UK and through its Middle East associates worth over £200 million in aggregate. These are two facilities management contracts, for Ealing Council and Leeds Partnership NHS Foundation Trust, and two construction projects in Dubai: an extension to the Mall of the Emirates; and a multi-purpose hall for the Government Engineer's Office.

11 Mar 2009
Annual Results for the Year Ended 31 December 2008

The results for the year ended 31 December 2008 were announced on 11 March 2009.

11 Mar 2009
Interserve Named Preferred Bidder for Ealing Council Total FM Contract

Interserve, the services, maintenance and building group, has been named preferred bidder for a 10-year, total facilities management contract by Ealing Council. The contract is worth £5 million a year for the core sites, with the potential to provide additional services to any of the borough's 91 schools which choose to opt in.

11 Mar 2009
Interserve Wins Major Leeds NHS Trust Contract With Equitix

Interserve, the services, maintenance and building group, has been awarded a 19-year contract by Equitix worth over £2.5 million a year to deliver facilities management at seven sites in Leeds providing a range of mental health services. These are owned and operated by Equitix in a Private Finance Initiative project on behalf of the Leeds Partnerships NHS Foundation Trust.

11 Mar 2009
Interserve Selected for £600m Frameworks Scotland Programme

Interserve has been selected by Health Facilities Scotland as one of five Principal Supply Chain Partners (PSCPs) in the new Frameworks Scotland programme, estimated to be worth an aggregate £600 million over four years. This is the national programme for future publicly-funded healthcare construction throughout Scotland (excluding the Scottish Futures Trust and hub models).

5 Feb 2009
Interserve Joint Venture Preferred Bidder for £500m PPP Derbyshire Waste-Treatment Contract

Interserve, the services, maintenance and building group, in a joint venture with United Utilities, has been named preferred bidder for a waste-treatment contract in Derbyshire. The Public-Private Partnership (PPP) contract will be worth in the region of £500 million.

26 Jan 2009
Interserve Wins £20m Dover Hospital Contract

Interserve, the services, maintenance and building group, has been awarded a £20 million contract by East Kent Hospitals University NHS Trust to create a new community hospital in central Dover.

21 Jan 2009
Interserve Plc Trading Update

Continued strong trading; improved revenue coverage for the current year

14 Jan 2009
Interserve Wins £140m New Contracts

Interserve, the services, maintenance and building group, has won a set of major new contracts worth a total of £140 million across a number of service streams and geographies.

14 Jan 2009
Board/PDMR Succession

Interserve, the services, maintenance and building group, today announces planned succession changes due to take effect in 2009 and the appointment of a new non-executive director.

16 Dec 2008
Interserve Wins £500m Defra Support Contract

Interserve, the services, maintenance and building group, has been awarded the Sustainable Built Environment Workplace Support (SBEWS) contract by the Department for Environment, Food and Rural Affairs (Defra). The 15-year contract has a core services value of approximately £500 million, although it is expected that the full value of services delivered, including projects and additional works, will significantly exceed this.

5 Dec 2008
Double Win for Interserve's Leeds BSF in Excellence in BSF Awards

The Leeds' Building Schools for the Future (BSF) programme, in which Interserve's consortium is advising on programme development as well as building and servicing the new and refurbished schools, has scooped two prestigious awards at the first national annual awards to celebrate the transformation of education. Prime Minister Gordon Brown visited Allerton High School, one of those created in the scheme, last week to see for himself the quality of the new facilities.

4 Dec 2008
Interserve Awarded Top 20 Ranking In The Observer Good Companies Guide 2008

Services, maintenance and building group Interserve has been ranked 19th among the entire list of FTSE 350 companies in The Observer's "Good Companies Guide" 2008. The guide assesses the performance of companies against a number of social, environmental and ethical factors. It was compiled by the newspaper in collaboration with Co-operative Asset Management as a tool to guide investors who wish to do business with responsible companies.

21 Nov 2008
Third Quarter Interim Management Statement

Interserve Plc, the services, maintenance and building group, announces its Interim Management Statement covering the period from 1 July 2008 to date.

5 Nov 2008
Interserve Wins £30m Health Project

Interserve, the services, maintenance and building group, has been awarded the £30 million contract to design and build a new maternity ward and day surgery for Poole Hospital, Dorset.

28 Oct 2008
Interserve Wins Major Industrial Services Contract With GDF Storage Limited

Interserve, the services, maintenance and building group, has been awarded a multi-million-pound contract with GDF Storage Limited (a subsidiary of GDF Suez) to provide the mechanical, electrical and instrumentation services required for the first phase of construction at the company’s new underground gas storage facility in Stublach, Cheshire.

24 Oct 2008
Interserve Wins £4m Lincolnshire Hospitals Contract

Interserve, the services, maintenance and building group, has been awarded a £4 million contract by the United Lincolnshire Hospital NHS Trust to refurbish and develop two units at the Lincoln County Hospital.

24 Oct 2008
Interserve Wins £32m Extension to Forest Bank Prison

Interserve, the services, maintenance and building group, has been awarded the £32 million contract to design and build additional prisoner accommodation comprising 232 cells and additional facilities at HMP Forest Bank for Agecroft Prison Management Limited.

6 Oct 2008
Interserve Wins £6.9m University of Glamorgan Development

Interserve has won a £6.9 million contract from the University of Glamorgan to undertake the "HESAS" Development providing new health, sports and science facilities at the university's Glyntaff Campus, Pontypridd.

30 Sep 2008
Interserve Consortium Named Preferred Bidder for £300m Enniskillen Hospital PFI

An Interserve consortium has been named preferred bidder, by the Western Health and Social Care Trust, for the PFI contract to create and maintain a new acute hospital at Enniskillen, County Fermanagh, Northern Ireland. The 315-bed hospital, worth over £300 million in construction and facilities management (FM) services, will be the first in Northern Ireland to provide 100 per cent single-bed, en-suite rooms.

19 Sep 2008
Interserve Wins £70 Million Contract with the FCO

Interserve, the services, maintenance and building group, has today signed a contract with the Foreign and Commonwealth Office (FCO) to provide facilities management (FM) services for the FCO's UK estate and 14 diplomatic missions in Europe. The fixed-price elements of the deal are worth approximately £70 million over seven years with a possible extension of up to three years.

10 Sep 2008
Half-year report for the six months ended 30 June 2008

The Half-year report for the six months ended 30 June 2008 is now available from the Interserve group website.

29 Aug 2008
Interserve Wins Two Health Projects in Wales Totalling £62 Million

Interserve, the services, maintenance and building group, has been awarded two further health sector projects in Wales.

21 Aug 2008
Interserve Wins £44m First Ever Non-Education PFI Contract in Building Schools for the Future

Interserve, the services, maintenance and building group, has won the first ever non-education PFI contract in the Building Schools for the Future (BSF) programme. The £44 million contract is for the creation and operation of two new leisure centres, at Morley and Armley, for Leeds City Council.

13 Aug 2008
Half-Year Results for the six months ended 30 June 2008

The half-year results for the six months ended 30 June 2008 were announced on 13 August 2008.

13 Aug 2008
Interserve Consortium Wins £310m Corsham Defence PFI

Interserve, the services, maintenance and building group, in consortium with John Laing, has won the PFI contract to create and manage a new office and accommodation complex for the MoD at Corsham, Wiltshire. The construction and facilities management value of the project is £310 million.

4 Aug 2008
Interserve Wins £6 Million Dental School Development in Truro, Cornwall

Interserve, the services, maintenance and building group, has been chosen by the Peninsula Dental School to lead its exciting new development on the Royal Cornwall Hospital site in Truro.

30 Jul 2008
Interserve Chosen by Great Leighs Racecourse

Interserve, the services, building and maintenance group, has won a key contract at the first new racecourse to be built in the UK for almost 100 years at Great Leighs near Braintree in Essex.

28 Jul 2008
Interserve successfully retains British Airways Maintenance Cardiff and Glasgow contracts

Interserve has been re-awarded a £10 million British Airways Maintenance contract. The five year contract involves the provision of hard and soft facilities management services at the airline’s aircraft maintenance sites in Cardiff and Glasgow.

21 Jul 2008
Interserve Wins £19m Malvern Hospital Contract

Interserve, the services, maintenance and building group, has been awarded a £19 million ProCure21 contract by Worcestershire Primary Care Trust to create a new hospital in Malvern.

17 Jul 2008
Interserve Wins £55m Health Contracts in Wales

Interserve, the services, maintenance and building group, has been awarded two health contracts in Wales worth £55 million in aggregate. They are the £45 million development of the Children’s Hospital for Wales for the Cardiff and Vale NHS Trust, and the design and construction of the new flagship Primary Care Resource Centre at Baglan, Port Talbot, for Haven Health Properties (Port Talbot) Limited.

14 Jul 2008
Interserve Plc Trading Update

Interserve Plc, the services, maintenance and building group, today provides an update on trading in the six months ended 30 June 2008 in advance of announcing its half-year results on 13 August 2008.

9 Jul 2008
Interserve Consortium Wins £200m Thames Gateway Water Project

Interserve, in consortium with the Spanish company Acciona and Atkins Water, has won the contract to build the Thames Gateway Water Treatment Plant for Thames Water. The value of the work to Interserve will be in the region of £50 million. The consortium will work as an integrated team to deliver the £200m project, expected to be complete by late 2009. Work has now re-commenced after a planning appeal made by ex-Mayor of London Ken Livingston was rejected by the Government and new Mayor Boris Johnson decided not to pursue a further legal challenge.

9 Jul 2008

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