Monteray JV secures BT FM contract for another six years

05 February 2008

The six-year £500m total FM service contract, which runs until April 2014, will be operated jointly by the Monteray shareholders - Reliance Integrated Services, Carillion and Haden Building Management - to provide a range of services to BT’s 7,000 buildings and 100,000 staff located across the country.

The contract, which has an option to be extended for a further four years, includes the opportunity for the joint venture to provide additional variable services worth up to £30 million a year.

Peter Portlock, Monteray Ltd Managing Director said: “We are delighted to be able to continue and develop our working partnership with BT. This is a strong endorsement of the strength and value of our relationship, and allows us to further capitalise on the strength and expertise of our partner-companies to the benefit of BT.”

BT and Monteray have worked together since the first contract was signed in 2001 to reduce operational
costs, improve customer service and support BT’s environmental and CSR agendas. Several of these
initiatives have been formally recognised. Most recently BT and Monteray were awarded the PFM Partners in
Business Change Award in 2006, and in 2007 Monteray was awarded a RoSPA Gold Award for its
occupational health and safety practices.

John McDonough, Carillion’s chief executive said: “We are delighted to have won this new contract for BT with whom we have developed an excellent relationship. This reinforces Carillion’s position as a leading provider of total facilities management solutions for major property estates.”

Carillion has a 51% equity interest in the Monteray joint venture, with the remaining 49% shared equally between Haden Building Management, a subsidiary of Balfour Beatty, and Reliance Integrated Services.

Jane Skelton, Managing Director Reliance Integrated Services, one of the JV partners commented, “We are delighted to be part of this unique collaboration to support BT’s business transformation strategy. As a shareholder of Monteray Ltd we have had a unique opportunity to shape our approach to delivering services to BT whilst strengthening the effective working relationships with our shareholderpartners. The award of the BT security contract to our sister company has enhanced Reliance’s understanding of BT’s business
objectives. These contracts demonstrate the strength and depth in our business: improving our ability to
deliver an excellent customer experience for anyone working in or visiting a BT building.”