19 December 2018 | FM World
All the major contract announcements and week-by-week market analysis.
ExcluSec Security shopped at Spinning Gate
ExcluSec Security, part of The ExcluSec Group, based in Trafford Park, Manchester, was appointed to provide services at the Spinning Gate Shopping Centre in Leigh. ExcluSec Security provided the centre with 10,000 security hours annually, managing the security of four million shoppers a year.
ISS extended Heathrow remit
ISS secured an extension to its contract with Heathrow to provide soft services to Terminal 2 and Terminal 4 until December 2022. ISS provided maintenance, cleaning, waste management, recycling and pest control services across both terminals since 2013. The ISS team provided a service that focuses on the passenger experience, working in partnership with Heathrow.
Jet Aire won deal with Rochdale
Jet Aire Services secured a 12-month contract to provide highways maintenance services on behalf of Rochdale Borough Council. Jet Aire's programme included CCTV surveys, jet vacuuming, pipelining repairs and civil engineering works throughout the Metropolitan Borough of Rochdale.
Mitie won Norwegian hardware chain deal
Mitie secured an FM and property services contract with plumbing and electrical tools and equipment supplier Ahlsell to manage and maintain all its stores in Norway. Mitie provided cleaning, waste management, mail services, security, snow clearance and maintenance services as well as providing catering services for meetings.
GVA appointed at Beorma Quarter
GVA managed a major mixed-use development in Birmingham, which includes a 27-storey office and residential tower. The company's Property Management Consultancy (PMC) team will deliver a full suite of property management, FM and destination marketing services for the Beorma Quarter project. As part of its remit, GVA undertook the management of the buildings completed in the first phase.
NJC won deal with Metrus
Cleaning and support services company NJC won a deal with independent property adviser Metrus. The three-year contract covered buildings at 123 and 151 Buckingham Palace Road, and Exchange Tower in London's Docklands. NJC will self-deliver services including communal area cleaning, specialist cleaning, estate cleaning, rope access and cradle window cleaning, and consumables supply.
Vacherin gets cooking at ITV
Contract caterer Vacherin won a five-year deal with ITV. London-based Vacherin delivered a variety of catering services at the company's existing site in Gray's Inn Road and new temporary offices in Waterhouse Square. Vacherin offered awareness programmes to ITV's employees on current and emerging food trends, as well supporting events.
Amey lighted up Edinburgh's streets
Amey delivered street lighting programmes for two Scottish councils - installing lamps with energy-efficient LED lamps in Edinburgh while maintaining road lighting and traffic sign lighting for Inverclyde Council. It began design and preparatory works on a three-year programme to install energy-efficient street lights across Edinburgh, replacing traditional lamps with the latest high-tech, energy-efficient LED lights.
OCS renewed deal at London NHS trust
OCS expanded its existing £10 million-plus soft services contract with Central and North West London NHS Foundation Trust (CNWL). OCS has worked with CNWL for 12 years and the contract extension brought another 13 of the trust's sites in Milton Keynes within OCS's remit for cleaning and waste services - adding to the 82 sites where OCS already provides its full range of FM works.
Carlisle appeared at ACC Liverpool
Carlisle Support Services started a three-year contract with the ACC Liverpool Group, operator of ACC Liverpool, home to BT Convention Centre, Echo Arena and Exhibition Centre Liverpool. The contract saw Carlisle deliver integrated security and stewarding services, including static and mobile guarding, CCTV monitoring, key holding and visitor assistance.
Graeme Davies rounded up this period of contracts with his perspective in the August 2018 issue of FM World:
Week commencing 6 August
Contract wins in recent months helped to restore confidence among Interserve's investors after a year during which it did a refinancing deal with its banks. But half-year results showed a fall in revenues to just short of £1.5bn while headline profits were just £9m, down from £47m a year ago. Management said it was on track to hit £15m of annual savings in the full year towards its target of up to £50m by 2020.
Week commencing 13 August
Lakehouse has had an unhappy time of it as a public company, but management hopes that the sale of its construction and property services business will open a new chapter. The financials of the sale, to the newly formed Mapps Group, illustrated the keenness of Lakehouse's board to slim the business. An initial price of up to £500,000, to be determined by performance in the next six months, could be supplemented by outstanding working capital due in the next two years.
Week commencing 20 August
A tough UK market hit performance at FM-to-security specialist Mortice in the year to March, but its strong showing in its Indian home market meant the group turned in a decent full-year performance. Overall revenues rose by 21 per cent to $219m with security sales up 20 per cent and FM revenues 22 per cent higher. But, as management flagged a month earlier, adjusted cash earnings dipped by 9 per cent and pre-tax profits by 29 per cent due to rising costs and foreign exchange adjustments. But bosses were sanguine about prospects in both nations.
Week commencing 27 August
Despite having to secure refinancing, tool hire specialist HSS recorded good growth in the six months to June. Management launched a plan at the turn of the year to shore up its finances and focus on core tool hire operations. This shift was emphasised by the sale of the UK Platforms business, which should see £47.5m in proceeds come into the business. In the first six months of the year underlying revenues grew by almost 9 per cent and adjusted losses shrank from £14.2m last year to £700,000.