Support
Date: Wednesday 19 Nov 2014
LONDON (ShareCast) - Construction group Carillion has become preferred bidder for two contracts worth up to £200m over five years to provide services to about 50 publicly-run prisons in London and southern England.
The contracts from the UK's Ministry of Justice are for an initial five-year period from June 2015 with potential for two subsequent one-year extensions. The combined revenue is expected to be £35m-40m a year.
Chief executive Richard Howson said: "I believe this reflects our ability to provide fully integrated service solutions that are tailored to the needs of our customers, combined with a strong focus on quality and value for money.
"We look forward to working closely with the Ministry of Justice to support its objectives of providing more efficient, high-quality services in public prisons."
Carillion will provide a wide range of hard and soft facilities management services, including mechanical and electrical engineering maintenance, building fabric maintenance, energy and environmental services, waste management, escort services for contractors, cleaning services and minor building works.
Email this article to a friend
or share it with one of these popular networks:
Currency | UK Pounds |
Share Price | 0.000p |
Closing Price Change | 0.000p |
% Change | 0.00 % |
52 Week High | 0.000p |
52 Week Low | 0.000p |
Volume | 0 |
Shares Issued | 430.30m |
Value |
---|
Value |
---|
Income |
---|
Growth |
---|
Latest | Previous | |
---|---|---|
Final | Interim | |
Ex-Div | 11-May-17 | 01-Sep-16 |
Paid | 09-Jun-17 | 02-Nov-16 |
Amount | 12.65p | 5.80p |
You are here: research