Business
Contract Award
Mears Group PLC has been awarded a significant contract by Birmingham City Council for the provision of maintenance and installation services to its housing stock. This ten-year contract, with an estimated value of £450 million and an option for a five-year extension, will cover responsive and void maintenance, gas servicing, heating installation, and planned improvement programmes for 11,500 council housing units in the BCC West-Central region. The company views this as a key new customer relationship and a foundational element of its forward strategy, expecting it to drive growth in its maintenance division and welcome approximately 170 new employees. Disclaimer*
About this update from Mears Group Plc
[{"type":"text","content":"\n\n \nMears Group PLC\n(\"Mears\" or \"the Group\" or \"the Company\")\nBirmingham City Council - Contract Award\n \nMears Group PLC, the leading provider of services to the Housing sector in the UK, is pleased to confirm that it has received notification of a contract award from Birmingham City Council ('BCC' or \"the Council\") for the provision of responsive and void maintenance, gas servicing and heating installation, planned maintenance and improvement programmes to Council housing stock ('the contract').\n \nThe contract has an estimated value of £450m over the initial period of 10 years and will see the Group deliver work to 11,500 units of Council housing stock within the BCC West-Central region. There is an option for the Council to extend for a further period of 5 years.\n \nLucas Critchley, Chief Executive Officer, said:\n \n\"This is a very significant contract award for the Group and an important new customer relationship. The Group remains highly selective in bidding new work. The nature of this contract, an all-encompassing, long-term asset management arrangement, as previously communicated, forms the bedrock of our forward strategy. This type of contract offers continued opportunity to the Gorup to deliver high quality, impactful contracts to our client base and in turn deliver growth in our maintenance division. We look forward to developing a strong base within Birmingham and welcoming around 170 new colleagues to Mears.\"\n \n \n\n\n\n\nFor further information, contact:\n\n\n \n\n\n\n\n \n\n\n \n\n\n\n\nMears Group PLC\n\n\nTel: +44(0)1452 634 600\n\n\n\n\nLucas Critchley\n\n\n \n\n\n\n\nAndrew Smith\n\n\n \n\n\n\n\n \n\n\n \n\n\n\n\nDeutsche Numis\n\n\nTel: +44(0)207 260 1000\n\n\n\n\nJulian Cater\n\n\n \n\n\n\n\nKevin Cruickshank\n\n\n \n\n\n\n\n \n\n\n \n\n\n\n\nPanmure Liberum\n\n\nTel: +44(0)207 886 2500\n\n\n\n\nTom Scrivens\n\n\n \n\n\n\n\nJames Sinclair-Ford\n\n\n \n\n\n\n\n \nAbout Mears\nMears is a leading provider of services to the Housing sector, providing a range of services to individuals within their homes. We manage and maintain around 450,000 homes across the UK and work predominantly with Central Government and Local Government, typically through long-term contracts. We equally consider ...