Major Framework Awards
April 14 2009 - 2:00AM
UK Regulatory
TIDMROK
RNS Number : 4730Q
Rok PLC
14 April 2009
Date: 14 April 2008
On behalf of: Rok plc ("Rok")
Embargoed until: 0700hrs
Rok plc
Major Framework Awards
Rok plc, the property repair and maintenance specialist, has announced its
appointment by two organizations to carry out work under four-year framework
agreements together expected to generate around GBP86m in revenue for the
company. This brings the total value of framework agreements won so far this
year to GBP343m compared with the GBP240m worth won during the first four months
of 2008.
Under an arrangement with Moat Housing Association worth GBP66m, Rok will build
a proportion of the new homes it requires in London and the South East of
England. For more than 40 years Moat has provided high quality homes for
affordable rent across the region building around 700 new properties a year.
A consortium of 11 social housing providers in the North East of England known
as NE Procurement, whose members together own 100,000 properties, has appointed
Rok to provide property repairs and maintenance services for the next four years
in a framework worth GBP20m. The work will include installing new bathrooms,
heating, windows and doors.
Commenting on the contract wins, Rok's chief executive, Garvis Snook, said:
"Winning further new framework agreements is a welcome indication for the year
ahead. We are particularly encouraged to be awarded a framework from a group of
social housing providers which clearly indicates their commitment to maintaining
their properties to a high standard after their Decent Homes improvements
programmes have come to an end.
"The NE Procurement appointment adds to our successful position on similar
consortia arrangements across the North of England, such as Fusion 21, GM
Procure, Northern Housing Federation and Cumbria Housing Partners, illustrating
the value that our local businesses and direct delivery workforce can add."
Enquiries to:
+--------------------------------------------+--------------------------+
| Rok plc | www.rokgroup.com |
+--------------------------------------------+--------------------------+
| Garvis Snook, Group Chief Executive | Tel: 020 7977 7982 |
| Ashley Martin, Group Finance Director | Tel: 020 7977 7984 |
| | |
+--------------------------------------------+--------------------------+
| Redleaf Communications Ltd | |
+--------------------------------------------+--------------------------+
| Emma Kane/ Rebecca Sanders-Hewett /Kathryn | Tel: 020 566 6700 |
| Hurford | rok@redleafpr.com |
| | |
+--------------------------------------------+--------------------------+
Notes to Editors:
* Rok plc's shares are listed on the Official List of the London Stock Exchange
under the symbol ROK.
* The Group specialises in low risk, relationship based service delivery providing
new build, planned repairs and refurbishment and response maintenance services
that are tailored to local needs and customers' wishes supported by the
resources and expertise of one of the industry's leading players.
* Further information on the Group can be accessed at www.rokgroup.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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