News on 17 November 2000

Railtrack extends B&P FM contract

Building & Property’s three year FM contract with Railtrack has been extended a further two years. The company expects to turn over an additional £10m in the next two years.

Commenting on the contract, Railtrack’s group facilities manager Colin Newton said: "Over the past three years, we have developed an excellent working relationship with Building & Property which has enabled us to consolidate over 150 existing separate service contracts.

"By centralising the provision of property, maintenance and support services, we have seen an overall improvement in quality and have been able to meet a set of agreed key performance indicators. Moreover, a recent benchmarking exercise undertaken to evaluate the cost effectiveness of outsourcing our FM requirements has revealed that it has delivered substantial economies of scale."

During the past three years, Building & Property has introduced a number of new systems and procedures at Railtrack’s buildings across the UK. When the contract commenced in 1998, it covered 65,000 sq m in 22 buildings. This has been extended to 1.1m sq m in 44 buildings.

Phil Clark, project manager at Building & Property said: "As a market leader in the facilities management industry, working across a broad range of market sectors, Building & Property has an in-depth understanding of the challenges facing organisations such as Railtrack. By outsourcing its facilities management, Railtrack has been able to focus on its core business while leaving its facilities management requirements in the hands of experts. We are delighted to have this opportunity to continue working with Railtrack."

www.b-and-p.com

Jessica Jarlvi


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