Interserve challenges MoD’s £4bn contract race

Interserve has launched a legal challenge to the award of £4bn worth of defence estate construction contracts to rival Carillion, prompting the Ministry of Defence to suspend the procurement process. The Ministry of Defence’s (MoD) estate arm the Defence Infrastructure Organisation (DIO) has “suspended” the award of three defence estate construction contracts, together worth up

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Skanska wins Project Wellesley

Skanska has won the bid battle to build a new military training centre to replace the Deepcut barracks in Wiltshire. Construction work is to begin later this month on the £250m Worthy Down project in Winchester. The scheme – known as Project Wellesley – will take around five years to complete and will provide accommodation

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£1.1bn in DIO Contracts Awarded…

The Defence Infrastructure Organisation this morning announced the award of £1.1bn worth of deals. This included its national housing prime and Scotland and Northern Ireland prime contracts, which were secured by the joint venture partners. An Interserve subsidiary, Landmarc Support Services, also picked up a big win for the national training estate prime deal worth

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Canary Wharf starts up two major tower projects

Canary Wharf Group revealed this morning that it is starting enabling work on two major tower schemes on its London Docklands site. The two projects being fired-up for construction start include a major interlinked office tower complex at Heron Quays West and its first residential high-rise called the Diamond Tower. David Pritchard, Chairman of Canary

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MOD announces preferred private sector bidder to join DIO

The Ministry of Defence has announced Capita, working in conjunction with URS and PA Consulting, as its preferred bidder in the competitive procurement of a strategic business partner for the Defence Infrastructure Organisation (DIO) – the organisation which manages and develops the defence estate. The 10-year contract, worth around £400 million, will help transform the

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Rupert Soames appointed CEO at Serco

Shares in the troubled private security company Serco rose sharply on Friday after the company hired a respected FTSE 100 boss to lead its turnaround. Rupert Soames has been at the helm of Aggreko, the world’s largest temporary power generation and temperature control services business, since 2003. Soames, a grandson of Winston Churchill, will take

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Interserve buys Initial for £250m

In a statement, Interserve’s board says the combined group will become one of the largest providers of support services in the UK, and that it will be ranked within the top three UK providers in terms of revenue. The statement also extols the benefits to be gained from the group’s increased scale, which it says

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