13th Sep 2007 11:53
Babcock International Group PLC13 September 2007 13 September 2007 Babcock International Group PLC ("Babcock" or the "Group") Award of £45 million Facilities Management Contract Babcock International Group PLC, the support services company, announces thatDebut Services Ltd, its joint venture company with Bovis Lend Lease, has beenawarded a contract by the UK Ministry of Defence for the Bristol Bath TotalFacilities Management project (BB TFM), covering the MoD sites at Abbeywood,Ensleigh, Foxhill, Warminster Road, Corsham Computer Centre andWestbury-on-Trym. The sites included within the BB TFM project have a combined customer occupancyof over 10,000 MoD personnel. Babcock will provide both 'hard' and 'soft'facilities management services at these locations. The BB TFM project, worth in excess of £45 million to Babcock over a three yearperiod, with an option for the MoD to extend for a further three years, will beintegrated into the Regional Prime Contract South West (RPC SW) already managedby Debut Services Ltd. Service delivery is due to commence in December 2007.The existing RPC SW contract commenced in March 2004 and is worth approximately£500 million over its seven year period. Peter Rogers, Chief Executive of Babcock International Group PLC, commented: "We are extremely pleased to be awarded the BB TFM project which serves a numberof important MoD sites. I believe that this award is a reflection of Babcock'scommitment to working in partnership with Defence Estates to deliver a highstandard of service to users of the MoD estate. " - Ends - Contacts: BabcockPeter Rogers, Chief Executive Tel: 020 7291 5000Bill Tame, Finance Director Financial DynamicsAndrew Lorenz Tel: 020 7269 7121Susanne Yule Notes to editors: About the RPC SW Prime Contract The RPC SW was the second of five regional contracts to be let under the PrimeContracting initiative. The contract covers estate management services foralmost 200 sites and encompasses some 9,000 assets within the southwest region.The seven-year contract started March 2004 and includes facilities managementservices across a broad property portfolio including airfields and trainingestablishments and a framework arrangement for the design and construction ofnew projects across the estate. About Debut Services Debut Services is a Joint Venture company between Babcock and Bovis Lend Leaseand was formed in response to the MoD's Prime Contracting Initiative to driveefficiency and best value across the defence estate. Debut benefits fromBabcock Infrastructure Services' recognised proven track record as one of theUK's largest providers of property management services and the proven globalstrength of Bovis Lend Lease, one of the world's largest real estate solutionsproviders. In addition to the Regional Prime Contract for the South West, Debut is alsosuccessfully managing the Functional Prime Contract to build, refurbish andmaintain Single Living Accommodation for HM Armed Forces (Project SLAM). Babcock Infrastructure Services also operate the Eastern Regional Prime Contractthrough another of its Joint Venture companies, Babcock DynCorp. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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