Carillion Awarded 10 Year Contract
Published by Surveying Equipment .com | May 01, 2012 | Comment(s): 0
Oxfordshire County Council has awarded a 10-year contract to Carillion for the provision of property and facilities management services worth up to £500 million to Carillion.
The Council will achieve revenue savings of at least £550,000 per annum. This is the first time that the Council has grouped all of its property services into one contract and this is the first Local Authority contract of this kind in the UK.
A framework agreement has also been put in place through which other local councils and bodies within Oxfordshire can procure services that could increase Carillion's revenue by an additional £200 million over the 10-year contract period.
Oxfordshire County Council also has the option to extend the contract for a further 10 years, based on performance.
Carillion will provide routine property management, facilities management, energy management and capital works services. Carillion has appointed Capita Symonds as a key sub-consultant to deliver strategic asset management, estates management and multi-disciplinary design services, which are expected to generate approximately £42 million of revenue for Capita over the 10-year life of the contract, with the potential for additional revenue from the framework agreement.
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