Re Contract

RNS Number : 1533C

MITIE Group PLC

26 April 2012

 



26 April 2012

MITIE Group PLC

 MITIE signs ground-breaking contract to provide

integrated facilities management for Lloyds Banking Group

MITIE Group PLC ("MIITIE"), the FTSE250 strategic outsourcing and energy services company, has agreed a transformational partnership to deliver facilities management services for Lloyds Banking Group.

The contract, signed for a five year term, has a possible one year extension period, with an expected value of approximately £155 million per annum.

MITIE will be providing a complete range of facilities management services across the bank's entire UK branch and office estate. Services to be delivered include catering, reception, engineering maintenance, cleaning, security, waste management, minor capital reactive works, office space management and a range of other services. MITIE will also manage utilities expenditure under the contract along with a comprehensive energy management and carbon emissions reduction plan.

This partnership demonstrates MITIE's ability to deliver sustainable, innovative solutions that produce cost and carbon savings.

Ruby McGregor-Smith CBE, Chief Executive of MITIE Group PLC, said: "This partnership will deliver a new style of facilities outsourcing in the UK. It will be one of the biggest private sector facilities management contracts of its type and is a great example of two organisations working collaboratively.

 "We are very excited to be building on our long relationship with Lloyds Banking Group and to be providing them with world-class outsourced and energy services in the coming years. We welcome the new team to MITIE."

-ENDS-

For further information, contact:

MITIE
John Telling, Group Corporate Affairs Director	D: [phone] M: [phone] E: [e-mail]
Erica Lockhart Head of Investor Relations and External Affairs	D: [phone] M: [phone] E: [e-mail]

Notes for editors

What is MITIE?

We're the strategic outsourcing and energy services company. What does that mean in practice? We manage facilities, energy and properties for our clients across the UK and beyond.

We work with our clients in three ways; some take full advantage of our whole range of expertise, others may only need one aspect of what we do:

Strategy and consultancy

+ Facilities and energy management

+ Service delivery

Our strategic input can add value at the highest level by helping clients to manage their assets, while our practical management expertise can save customers money and reduce their carbon emissions.  We work with a vast number of clients in every industry across both the public and private sectors and deliver the broadest range of services that can be found in one place: from integrated facilities management to engineering maintenance to lifecycle energy management and much more.

There's a lot more to MITIE than you probably think. We're a big company with big ambitions - a leading FTSE 250 support services business, with more than 62,000 people, revenues of £1.9bn, and a reputation for being the best.

Visit us at www.mitie.com

 

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