17th Mar 2005 09:05
Scottish & Southern Energy PLC17 March 2005 SCOTTISH AND SOUTHERN ENERGY WIN £400 MILLION 'MOD' SOUTH EAST PRIME CONTRACT A joint venture comprising Southern Electric Contracting, the subsidiary ofScottish and Southern Energy plc ("SSE"), and Interserve, has been awarded theMinistry of Defence's 'Prime' contract covering London and the south-east ofEngland. The contract, which was awarded by Defence Estates, the agency set up to managethe MoD's estate, is worth approximately £400 million over an initial sevenyears with an MoD option of a three-year extension. Operations will begin inApril 2005. South East Prime is one of five long-term contracts being rolled out across theUK by the MoD, which will employ prime contracting principles to procure themajority of its construction and maintenance services. Ian Marchant, SSE's Chief Executive said: "I am very pleased that the workleading to the award of this contract has been completed. This is a significantmilestone in the ongoing development of SSE's Contracting business. Theimportant thing now is to make a success of the contract." - ENDS - For further information contact: Alan Young - Director of Corporate Communications 0870 900 0410Denis Kerby - IR and Media Relations Manager 0870 900 0410 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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