Reliance Security Group PLC
04 March 2005
4 March 2005
For immediate release
Reliance Security Group plc ('Reliance')
Preferred Bidder: Kent Police Authority PFI
The Directors of Reliance are pleased to announce that Reliance Secure Task
Management Limited ('RSTM'), a wholly-owned operating company, has been
selected, in partnership with HBOS plc and Kier Project Investment Ltd, as the
Preferred Bidder for a 30 year Private Finance Initiative ('PFI') contract for
the Kent Police Authority.
The project involves the financing, design and construction of a Divisional
Headquarters at Gravesend in North Kent. Subject to contract award, which is
expected in October 2005, construction work would start in January 2006. RSTM
would provide a comprehensive range of support services, starting in July 2007,
including contract management, estate maintenance, utilities and energy
management, the operation of a public service counter, catering and hospitality,
cleaning and waste management, a logistics service, a property management and
tape/disc service and conference booking and preparation. It is estimated that
the support services contract will generate turnover for RSTM of £1.3 million in
a full year.
Ray Masters, Managing Director of Reliance Secure Task Management Limited, said:
'We are delighted to have been selected as Preferred Bidder for the North Kent
Police PFI contract, which emphasises the specialist expertise and capabilities
we have developed in the provision of facilities management and business process
outsourcing services for the criminal justice sector. Our partnership approach,
which is directed to offering change management, innovative business processes
and high levels of service, enables our customers to achieve greater
streamlining and efficiencies in their non-core support operations as well as
better use of their material resources and highly trained people.'
Note:
Reliance is an established market leader in the provision of contract security,
facilities management and support services and in business process outsourcing.
Reliance employs over 12,000 people from a network of offices throughout the UK.
Enquiries:
Brian Kingham
Chairman 020 7730 9716
Neil French
Group Finance Director 01895 205002
This information is provided by RNS
The company news service from the London Stock Exchange
AGUC
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