Carillion Wins BAA Support Services Contracts Worth GBP50M

14th Jun 2010 07:07

LONDON (Dow Jones)--Carillion PLC (CLLN.LN), a construction and services company, said Monday it has been awarded support services contracts by BAA worth GBP50 million. MAIN FACTS: -Has been awarded a 10-year framework contract to provide facilities management services at Heathrow Airport. -The first two contracts awarded to Carillion under the framework are for the provision of bundled service solutions for Terminal 1 and Terminal 3. -At Terminal 1, the contract is worth GBP23 million over an initial period of three years, with an option to extend this to seven years. -At Terminal 3, the contract is worth GBP27 million over an initial period of three years, with an option to extend this to 10 years. -The services to be provided will comprise both hard and soft facilities management, including planned and reactive mechanical, electrical, and building fabric maintenance, together with cleaning, compliance and pest control. -Shares closed at 328.7 pence Friday. -By Elliott Ball, Dow Jones Newswires; 44-20-7842-9314; [email protected] (END) Dow Jones Newswires June 14, 2010 02:07 ET (06:07 GMT)