Carillion PLC
05 February 2008
5 February 2008
Monteray joint venture secures facilities management contract for BT worth in
excess of £500 million
The Monteray joint venture, of which support services and construction company
Carillion is the majority shareholder, has secured a new facilities management
contract with BT worth in excess of £500 million.
The six-year, total facilities management contract, which runs until April 2014,
will be operated jointly by the Monteray shareholders, Carillion, Haden Building
Management and Reliance Integrated Services. It entails the provision of
services to BT's 7,000 buildings and 100,000 staff located throughout Britain.
The contract, which has an option to be extended for a further four years,
includes the opportunity for the joint venture to provide additional variable
services worth up to £30 million a year.
John McDonough, Carillion's chief executive said: 'We are delighted to have won
this new contract for BT with whom we have developed an excellent relationship.
This reinforces Carillion's position as a leading provider of total facilities
management solutions for major property estates.'
Carillion has a 51% equity interest in the Monteray joint venture, with the
remaining 49% shared equally between Haden Building Management, a subsidiary of
Balfour Beatty, and Reliance Integrated Services.
Notes to editors
Carillion plc is one of the UK's leading support services, construction and
Public Private Partnership project companies. The Group has annual revenue of
around £4bn, employs over 40,000 people and operates across the UK, in the
Middle East, Canada and the Caribbean.
In the UK, Carillion has eight principal market sectors - Defence, Education,
Health, Building, Facilities Management and Services, Roads, Rail and Civil
Engineering.
In the Middle East, the Group's two principal market sectors are Construction
and Facilities Management. In Canada and the Caribbean, the Group's main sectors
are Health, Roads Maintenance and Construction.
The Group is a leader in Public Private Partnership projects, particularly in
the Defence, Education and Health sectors in the UK and in the Health sector in
Canada.
Carillion Facilities Management is the facilities management arm of Carillion
plc. It currently delivers facilities management, property management and a
range of professional services to some 10, 000 properties across the UK and
Europe to customers in both the public and private sectors across a broad array
of industries and sectors.
This and other news releases relating to the Group can be found at
www.carillionplc.com.
For further information
John Denning Director of Group Corporate Affairs 01902 316426
This information is provided by RNS
The company news service from the London Stock Exchange
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