9th Feb 2007 17:00
Kier Group PLC09 February 2007 £230M+ OURSOURCING CONTRACTS FOR KIER GROUP Kier Group plc, the construction and services company, announces that it hasbeen awarded a £170m public private partnership contract with Harlow DistrictCouncil to outsource the town's council housing, streets and groundsmaintenance under the government's Best Value programme. Over 370 council employees will transfer to the payroll of Kier Harlow Limited,a joint venture company set up by Kier and Harlow District Council to deliverthe services, in which the Council has a 19.9% interest. The scope of the seven-year contract, which carries an option to extend to tenyears, includes day-to-day repairs to 10,000 properties, environmental servicesincluding street cleaning, landscaping and grounds maintenance. Kier Harlow hastaken occupation of the Council's site at Mead Park and work is alreadyunder way. The Group is also about to start work on a four-year outsourcing contract forSefton-based One Vision Housing valued at £62m which involves upgrading 5,600council properties to the government's Decent Homes standard. Kier Group chief executive John Dodds said: "These latest contracts followour highly successful partnerships at Islington, Sheffield, Leeds and Bexleywhere dramatic improvements have been achieved, recognised by a series ofnational awards. We are proud of our ongoing performance but remain focused oncontinuous improvement. Kier will be looking to achieve equal success forHarlow and Sefton to demonstrate how well we embrace the ethos of workingclosely within the communities we serve." Ends 09.02.07 Contact:John Dodds/Deena MattarTel: 01767 640111 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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