14th February 2011
EMCOR Group (UK) is pleased to announce that it has extended its facilities management contract with British Airways. The duration of the new £50m contract is three years; scope of work will include the provision of hard and soft facilities management services across key British Airways' property including Terminal 5; which sees 25 million passengers annually. EMCOR Group (UK) provides facilities management and engineering services to a diverse range of private and public sector organisations.
EMCOR has worked for British Airways since 1992; current provision of services includes facilities management services to circa 500,000 square metres of facilities across numerous buildings, including airport passenger lounges, industrial buildings, cargo centres, hangars, offices, and British Airways' 280-acre Waterside headquarters.
Under the contract extension, EMCOR's scope of work will remain broad, and include mechanical and electrical services, maintenance of aircraft support systems, building fabric maintenance, cleaning services, and landscaping. The contract extension also includes energy management. The on-site team has worked closely with British Airways Property Services to reduce energy use by around 20% across its property portfolio, resulting in a significant impact on its annual energy costs and supporting the airline's wider, industry-leading target of reducing net CO2 emissions by 50% by 2050. Since April 2007 EMCOR has helped British Airways reduce CO2 emissions by 20,000 tonnes, the equivalent to heating almost 6,000 UK homes each year.
Nick Morris, Managing Director, EMCOR Facilities Services commented: "We are delighted with this contract award which extends our long and successful relationship with British Airways. We have worked hard to remain flexible whilst continuing to improve our service offering and aligning ourselves to British Airways' long-term strategy to ensure value at every level."
EMCOR works in partnership with and as a trusted supplier to British Airways through the provision of added value services, helping it to meet its business and strategic objectives. An example of this is EMCOR's PAS 55 accreditation which is the standard for optimised management of physical assets and infrastructure and provides clear requirements for joined-up, optimised and whole-life asset management systems. EMCOR was one of the first facilities management companies to gain PAS 55 accreditation which it did at British Airways' Terminal 5 operation.
Vance Williamson, Head of Property Services, British Airways said: "EMCOR was selected for its commitment to a partnership approach in managing risk and have a track record of driving down costs year-on-year. He added: "EMCOR has made a significant contribution to British Airways energy management programme, improving the energy performance across the property portfolio, and beating the initial 2010 target. We will continue to work together to build on this encouraging start and address the challenges ahead."
Media Contacts
For further press information please contact:
Kathryn Morgan • T: 020 7529 1724 • E: kathryn.morgan@ppsgroup.co.uk
Tim Vooght • T: 020 7529 1711 • E: tim.vooght@ppsgroup.co.uk
Notes to editors
With over 100 years experience in the UK market, EMCOR Group (UK) plc provides engineering services, facilities management and sustainable business solutions for a diverse range of private and public sector organisations, through its two businesses --- EMCOR Engineering Services and EMCOR Facilities Services. EMCOR Group (UK) plc is a wholly owned subsidiary of EMCOR Group, Inc. (NYSE:EME), a Fortune 500 company with estimated 2010 revenues of $5.0 billion, EMCOR Group, Inc. (NYSE: EME) is a global leader in mechanical and electrical construction, energy infrastructure, and facilities services. A leading provider of critical infrastructure systems, EMCOR gives life to new structures and sustains life in existing ones by its planning, installing, operating, maintaining, and protecting the sophisticated and dynamic systems that create facility environments---such as electrical, mechanical, lighting, air conditioning, heating, security, fire protection, and power generation systems---in virtually every sector of the economy and for a diverse range of businesses, organisations and government. EMCOR represents a rare combination of broad reach with local execution, combining the strength of an industry leader with the knowledge and care of 170 locations. The 26,000 skilled employees of EMCOR have made the company, in the eyes of leading business publications, amongst the "World's Most Admired" and "Best Managed". EMCOR's diversity---in terms of the services it provides, the industries it serves and the geography it spans---has enabled it to create a stable platform for sustained results. The Company's strong financial position has enabled it to attract and retain among the best local and regional talent, to undertake and complete the most ambitious projects, and to redefine and shape the future of the construction and facilities services industry. Additional information on EMCOR can be found at www.EMCORUK.com.
This release may contain certain forward-looking statements within the meaning of the Private Securities Reform Act of 1995. Any such comments are based upon information available to EMCOR management and its perception thereof, as of this date, and EMCOR assumes no obligation to update any such forward-looking statements. These forward-looking statements may include statements regarding market opportunities, market share growth, gross profit, backlog mix, projects with varying profit margins, and selling, general and administrative expenses. These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Accordingly these statements are no guarantee of future performance. Such risk and uncertainties include, but are not limited to, adverse effects of general economic conditions, changes in the political environment, changes in the specific markets for EMCOR's services, adverse business conditions, availability of adequate levels of surety bonding, increased competition, unfavourable labour productivity and mix of business. Certain of the risks and factors associated with EMCOR's business are also discussed in the Company's 2009 Form 10-K, its Form 10-Q for the third quarter ended September 30, 2010, and in other reports filed from time to time with the Securities and Exchange Commission. All these risks and factors should be taken into account in evaluating any forward-looking statements.