24th Jul 2014 08:16
LONDON (Alliance News) - Carillion PLC Thursday said its joint venture with Amey PLC has been awarded three Next Generation Estate contracts worth up to GBP2.8 billion from the UK Ministry of Defence.
These three contracts form the final part of the Defence Infrastructure Organisation's Next Generation Estate Contracts programme to maintain and upgrade defence infrastructure.
Carillion said the joint venture has been awarded the Regional Prime Central contract worth around GBP435 million over the initial contract period of five years, which can be extended by a further five years, subject to approval.
Under this contract, the joint venture will provide a wide range of hard facilities and asset management services at more than 150 establishments containing more than 14,000 assets at sites including RAF Cranwell air force station, together with the option to undertake capital works projects valued up to GBP3.9 million.
Hard facilities management services will include planned and reactive building fabric and mechanical and electrical engineering maintenance and utility efficiency services.
The Carillion joint venture also has been awarded the South East and South West Regional Prime contracts worth GBP258 million and GBP265 million, respectively, over the initial contract period of five years.
The South East contract will provide hard facilities and asset management services at 60 key sites, including Sandhurst military training centre. The South West contract will provide hard facilities and asset management services at 40 key sites, including the Royal Naval Air Station Yeovilton airfield in Somerset.
Carillion shares were quoted up 0.7% at 338.70 pence Thursday morning.
By Anthony Tshibangu; [email protected]; @AnthonyAllNews
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