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Jul 28, 2013 SHARE
Sodexo is awarded a contract to manage the second state-run prison in the UK. The 15-year agreement impacts 600 employees who will transition to Sodexo. The deal is part of a broader plan from UK's prison services to save GBP 450 million over six years. The contract with Sodexo is expected to generate GBP 130 million over the term of the agreement.
> Read More...Jul 17, 2013 SHARE
The State of Tenessee selects
Jones Lang LaSalle to provide Real Estate and Facilities Management services to state-owned buildings. Under the new 5-year agreement, JLL will provide broad FM services totaling $300 million in pass-through expenses in exchange for an estimated $38 million management fee with 50% at risk. Real Estate services will be priced at cost with a 4% mark-up. It is understood that 126 state employees are impacted. Savings from relocating employees in state offices to leased facilities across Tennessee is projected to save $100 million over 10 years. In addition, JLL hopes to realize $94 million savings over the 5-year term of the Facilities Management contract.
> Read More...Jul 09, 2013 SHARE
EMCOR is awarded a Facilities Management contract to maintain and operate he new US Coast Guard Headquarters at the GSA's St. Elizabeth's Campus in Washington, D.C. The contract includes 23 facilities representing a total of 2.6 million square feet.
> Read More...