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Re Contract

11th Apr 2007 09:28

Kier Group PLC11 April 2007 Kier signs £86m Decent Homes contract for Hull Kier has signed an £86m contract with Hull City Council to deliver repairs andmaintenance for 10,000 Council properties in the Park and Riverside areas ofHull under the government's Decent Homes programme. The contract will runfor an initial five years with the possibility of up to two, five-yearextensions. As part of the contract, 125 Council employees will transfer to Kier to carryout response repairs, empty property repairs, adaptation work and plannedmaintenance. Work will begin immediately. Kier is currently working on over 195,000 homes across the country and in thenorthern region has contracts and partnerships in Sheffield, Leeds, Lincoln andHull. Kier Group chief executive John Dodds commented: "The Kier team will befocused on showing how successfully we can deliver excellent repairs andmaintenance and Decent Homes standards for the City and its tenants. We are looking forward to fully embracing the true spirit of partnering with HullCity Council and are keen to demonstrate how, as a partner of choice, we can addvalue for the community and over time, contribute to the wider regeneration ofHull." Ends 11.4.07 This information is provided by RNS The company news service from the London Stock Exchange

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