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BT awards £500 million contract to Carillion JV

5:13pm GMT, Tuesday, 5 February 2008

A Carillion joint venture has won a six-year facilities management contract with BT worth £500m.

A Carillion joint venture has won a six-year facilities management contract with BT worth £500 million.

The six-year, total facilities management contract, which runs until April 2014, will be operated jointly by the three shareholders in the Monteray joint venture: Carillion, Haden Building Management (a subsidiary of Balfour Beatty) and Reliance Integrated Services.

The deal covers BT’s entire property portfolio – ranging from small, unmanned telephone exchanges in remote parts of Scotland to landmark sites such as London’s BT Tower – in total they will provide services to BT’s 7,000 buildings and 100,000 staff located throughout Britain.

Carillion Chief Executive, John McDonough, 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 the other two.

As one of the UK’s leading support services, construction and Public Private Partnership project companies, Carillion plc has an annual revenue of around £4bn, employs over 40,000 people and operates across the UK, in the Middle East, Canada and the Caribbean.

For more information, visit: www.carillionplc.com

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