Southwark Contractual Close

RNS Number : 3679S

RM PLC

15 May 2009

 

 15 May 2009

RM confirms Southwark Schools for the Future secondary programme contract

RM confirms that it has reached financial close for a contract to provide managed IT services to the Southwark Schools for the Future secondary programme. RM announced on 12 November 2008 that it had been appointed selected bidder for the contract.

RM is part of the successful team led by Balfour Beatty (trading as Transform Schools), which has joined Southwark Council and Building Schools for the Future Initiatives in '4 Futures', the Southwark Local Education Partnership. 4 Futures will now deliver seven secondary school rebuilds, two brand new schools and four building refurbishments across Southwark, and the services to support them.

Terry Sweeney, Chief Executive of RM, said:

'It's great news that we've completed contractual negotiations and can now turn to delivering ICT for Southwark Schools for the Future secondary programme. We look forward to working with our Transform Schools partners, and with the schools in Southwark, to provide a transformational service that helps teachers to teach and learners to learn.'

For further information, please contact: 

Mike Greig/Phil Hemmings, RM plc	08450 700300
Chris Blundell/Franziska Boehnke, Brunswick	020 7404 5959

Notes:

• The RM Group is a leading provider of educational solutions that help teachers to teach and learners to learn. RM works closely with educationalists to create new products, processes and technology which improve education. RM is listed on the main market of the London Stock Exchange under the symbol RM.L, ISIN GB0002870417. Further details are available at ww.rm.com/investors and through the Group's investor blog at rminvestors.wordpress.com

• BSF (Building Schools for the Future) is the largest single schools capital investment programme for over 50 years. BSF will provide world-class teaching and learning environments for all pupils, teachers and communities in England. A key part of the initiative is to ensure that local authorities develop a sustainable, area-wide ICT strategy for schools in line with the Government's personalised learning agenda: 10% of the funding is ring-fenced for ICT. 

• Transform Schools manages Balfour Beatty Capital's schools schemes. All construction and facilities management for the Southwark Schools for the Future secondary programme will be carried out by Balfour Beatty.

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