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The Mapeley framework agreement involves construction, refurbishment, fit out and life-cycle replacement works, over a four-year term, with an estimated overall value of between £250 million and £300 million. Interserve is one of four companies in this collaborative framework agreement, covering the current UK-based estate of over 1,600 properties.
In Qatar Interserve's associate company Gulf Contracting, in which Interserve has a 49% stake, has won a £65 million contract to build a seven-storey office block and two amenity buildings of four and two stories respectively for a major company associated with the petrochemical tanker industry. The 13-month project will include the mechanical, electrical, plumbing, heating, ventilation and air-conditioning works, fire systems and full internal finishing.
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The £60 million Derry diocese schools PFI project consists of the design, build, operation and maintenance of two new Catholic girls' schools, St Mary's College and St Cecilia's College. Interserve, in consortium with long-standing Northern Ireland building partner O'Hare & McGovern, has reached financial close on the contract and work is now beginning, with both schools becoming fully operational in the 2010/2011 academic year.
Interserve has also won a contract worth over £20 million to design and construct a new school on land adjacent to the current premises. Like the existing school this will be a specialist arts college and will cater for 1,200 pupils form the ages of 11-18. In addition to cutting-edge interactive equipment, ICT and science facilities it will include a purpose-built performance arts centre, state-of-the-art CAD/CAM equipment, two modern teaching kitchens, a sports hall with electronic scoring systems, a fitness suite and a synthetic sports pitch. The school is due to be ready for use at the start of the autumn term in 2010.
(CD/JM)
