News on 8 November 2000
International construction and services company Kier Group,
has signed a £120m partnering contract with the London Borough of
Islington to outsource the Borough's buildings maintenance under the government's
'best value' programme.
The contract includes day-to-day repairs to 29,000 properties, gas maintenance
to 18,000 properties and cleaning of around 100 municipal buildings, colleges
and schools. Caxton Islington, a joint venture company set up by Kier
to deliver the services, will occupy the Council's Ashburton Grove site
near Finsbury Park. More than 500 borough employees have transferred to
the Caxton payroll.
Kier Group chairman Colin Busby said: "This negotiated contract contains
many innovative features to promote continuous improvement to the quality
of the services, as required by the government's best value legislation.
I am pleased that we have concluded detailed negotiations to the timetable
agreed between ourselves and Islington when our appointment as preferred
bidder was announced in June. This confirms that the growth of our support
services activities highlighted in our recent annual report is on track."
www.kier.co.uk
