14th Jan 2005 07:00
Land Securities Group Plc14 January 2005 14 January 2005 LAND SECURITIES GROUP PLC ("Land Securities" / "Group") DRIVER AND VEHICLE LICENSING AGENCY ("DVLA") Land Securities Trillium selected by DVLA as preferred bidder for propertyoutsourcing contract Land Securities announces that its property outsourcing business, LandSecurities Trillium, has been selected as the preferred bidder for a proposedproperty outsourcing deal with DVLA. DVLA is set to embark on a modernisationprogramme to refurbish its 1960s built headquarters and to outsource its estatemanagement and the provision of Facilities Management services on its entire UKestate, comprising approximately 90,000 sq m of accommodation via a 20-yearoutsourcing contract. It is anticipated that the contract will commence on 1April 2005. Ian Ellis, Chief Executive of Land Securities Trillium, said "We are delightedto be appointed preferred bidder by DVLA for their property outsourcing contractand look forward to working closely together over the coming weeks to finaliseand commence the contract. This provides an exciting opportunity to capitaliseon our experience of providing wide-ranging and flexible outsourcing solutionsin order to work with a forward-looking client. "This contract is all about working with government to support change, whilstdelivering better workplaces and value for money. It is a good example of whatthe Government's efficiency programme aims to achieve." Clive Bennett, Chief Executive of DVLA, said "This contract provides animportant step forward for DVLA to improve its estates services with the help ofa 'best in class' service provider. It gives us the opportunity to improveworking practices that will benefit our customers, update working conditions forour staff and reduce our running costs." - Ends - For further information, please contact: Land SecuritiesIan Ellis / Cat LeyTel: +44 (0)20 7796 5500 Financial DynamicsStephanie Highett / Dido LaurimoreTel: +44(0) 20 7831 3113 DVLAPress officeTel: +44 (0)1792 782318 NOTES TO EDITORS: DVLA DVLA placed an advertisement for a property partner for its estatesrefurbishment programme in December 2003, which also marked the formalcommencement of the refurbishment project. The contract allows for further expansion that will be flexible enough to meetDVLA's future accommodation needs and the inclusion of the UK-wide Local Officenetwork within the estates management and FM services functions. The decision todevelop an outsourcing project was the culmination of a detailed estatesstrategy review prepared jointly by DVLA and IBM (Business Consulting Services).The estates strategy confirmed that the Agency would stay in Swansea in itsexisting location, but recognised the need for greater flexibility in the futureto respond to changing space and service requirements of the Agency. The project includes: • Refurbishment of the 16 storey tower block and some of the other premises on the Morriston site • Delivery of facilities management services (excluding security, messengers and archiving) • Delivery of estates management services • New build office and other accommodation at sites in Swansea from which principally DVLA services are provided • Commitment by Land Securities Trillium of £30 million to fund these improvements. DVLA is being assisted in this procurement by its team of professional advisers,principal advisers being IBM (Business Consulting Services) and PUK. Land Securities Trillium Land Securities Trillium, part of the Land Securities Group, is one of the UK'sleading providers of property outsourcing solutions. Capital, estate strategy,property management, facilities management and risk management services arecombined to meet the particular needs of corporate and public sectororganisations. Land Securities Trillium currently owns or manages over 8,400properties throughout the UK. Clients include the Department for Work andPensions, the BBC, BT, Norwich Union and Barclays Bank. Land Securities Group PLC Land Securities is a FTSE 100 company, quoted on the London Stock Exchange. Ithas been at the forefront of the UK's commercial property industry for 60 years.Today, the Group maintains its market leading position as the UK's largestquoted property company by providing commercial accommodation and propertyservices to a wide range of occupiers. The Group's objective is to createattractive and sustainable returns for its shareholders through its activities,which include property investment, development and property outsourcing. Land Securities holds a market leading position in three areas of the UKcommercial property market: • Retail • Central London offices and • Property outsourcing. Its £8 billion investment portfolio includes more than 810,000 sq m of officespace in Central London and substantial retail holdings in Oxford Street,Tottenham Court Road and Notting Hill Gate. In addition the Group owns 18shopping centres and 25 retail parks located across the UK. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Land Securities