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Monday, 17 June

Drilling For Gold. Boxing Clever And The River Dance

COSL Drilling Rig

There's RoSPA Gold Winners; New job winners; new acquisition winners; contract winners; and social winners in the latest golden box of chocolates that is the ThisWeekinFM FM Digest. Plus Charity Boxing and River Boat Party sponsor news.

 

Summer River Boat Party

One of the biggest news stories this week is that Cordant Services. has chosen to sponsor the ThisWeekinFM Summer River Boat Party - Get Your Own Tickets NOW

 

Boxing Clever Charity Dinner

HVAC Recruitment is the latest big name to join the illustrious list of the FM Industry Charity Black Tie Boxing Night sponsors. This really is  a networking event not to be missed. It is estimated that almost £200 million worth of business was done last year.

A now limited number of individual Tickets for the Charity Boxing Night are on General Sale along with limited tables and half-tables too - contact Di Searle on di.searle@twinfm.com to book!  

 

SPIE Wins Refurbishment Contract With Tameside Glossop Integrated Care NHS Foundation Trust

SPIE UK has been awarded a contract with Tameside Glossop Integrated Care NHS Foundation Trust, at Tameside General Hospital. The work involves the strip out and refurbishment of the Pathology laboratory in New Fountain House and incorporates all new flooring, ceilings, decoration, joinery, fixed furniture, sanitary fittings and mechanical and electrical installations. The contract is worth £534,000. It will take place over a 10-week period - that period having started in mid-March.

 

Q3 Welcomes The Baroness
Ruby McGregor-Smith (or Baroness Ruby McGregor-Smith to give her full title) has joined Q3 as Non-Executive Chairwoman

McGregor-Smith has a high profile in the British business world, having served as the CEO of Mitie Group PLC for over nine years and chaired reports on behalf of the UK government into diversity and equal opportunities in the workplace.

Martyn Freeman, Q3's CEO said: “We especially want to utilise the talents of a broad cross section of society and our Chairwoman brings invaluable experience with her.”

 

Sodexo's Social Targets With Public Service Pledge

Sodexo has published its second Public Service Pledge, an ethical set of commitments to its customers, employees and communities.

The Pledge identifies key public service areas and initiatives which the facilities management provider promises to measure and report on annually which demonstrates its commitment to social value and a public service ethos. 

Calling for an independent industry regulator, increasing its SME spend to 32% of its total spend and increasing female representation in management to 40% by 2025, are some of the targets outlined in the manifesto.  The company has also pledged to employ 40 ex-offenders (and by that they don't mean ex-Carillion board members) and 200 ex-services personnel this year.

To view the full Public Service Pledge - Click Here https://uk.sodexo.com/pledge.html

 

No Joke as Dave Allen Is Wates Chief Executive

The Wates Group has today David Allen as its new Chief Executive. He assumes the role with immediate effect.

The company’s Chief Financial Officer since January 2016, Allen was appointed Acting Chief Executive in November 2017.

 

Caterer's Top School Marks

Chartwells Independent, Compass Group UK & Ireland’s specialist provider of catering to the independent education sector, has been awarded a new contract to provide catering, hospitality and cleaning services to Merchiston School, in a deal worth £5 million over five years.

Merchiston School, based in Edinburgh, is Scotland’s only all-boys independent boarding school. Founded in 1828, it is located in 100 acres of parkland and has over 450 pupils in attendance. 

Chartwells Independent will be developing a tailored food offer -  serving breakfast, lunch and tea seven days a week, as well as delivering hospitality catering.

 

Bellrock Buys ECO Integrated Property Solutions Limited

Bellrock announced that it has acquired ECO Integrated Property Solutions Limited (ECO) on Friday April 13.

ECO, based in Drighlington, Yorkshire, is a facilities and property management business delivering services across the UK. ECO delivers a range of hard and soft facilities services for clients that operate in sectors including healthcare, retail and leisure and corporate office management.

 

Interserve General Meeting

Next week, on Friday, 27 will see an Interserve General Meeting to obtain shareholder approval to increase the borrowing limit of the Group and to ratify any possible existing breach of the borrowing limit.

A similar meeting was held by Carillion on a number of occasions prior to its demise.

The increase in the current borrowing limit is required as significant balance sheet write-downs are expected to be contained in the 2017 Financial Statements. These write-downs are expected to comprise an impairment on goodwill as well as a number of other non-underlying items, the significant majority of which are either non-cash or were reflected in the net debt guidance that the Company provided in its update announcement on 10 January 2018, in which the Company stated that it anticipated that net debt at year-end 2017 would be approximately £513 million.

The Company has been informed that its two major shareholders, Farringdon Capital Management and Coltrane Asset Management, L.P., who hold 35.05 per cent of the company's issued share capital, intend to vote in favour of the resolutions.

Discussions with the Group’s lenders and other financial stakeholders have continued to progress.

 

Health & Safety Upgrade

Tascor Facilities Management has been upgraded to President’s status for its 10th consecutive RoSPA Gold Medal award.

Tascor specialises in providing technical facilities management services to both public and private sectors including mission critical services within the Police, NHS, and the Fire and Rescue Services. This includes planned and reactive maintenance, help desk services, statutory compliance, auditing and consultancy.

Martin White, from the company said: “I am extremely proud of this award as it reflects our hard work to make sure all our employees, customers and stakeholders operate in a safe and secure manner."

 

Salisbury Gold

The Royal Society for the Prevention of Accidents has also awarded the Salisbury Group Gold Award for excellence in health and safety practices.

The Gold Award recognises Salisbury Group's 'high level of performance, well-developed occupational health and safety management systems and culture, outstanding control of risk and very low levels of error, harm and loss'.

RoSPA will present Salisbury Group with its award during a ceremony at the Hilton Birmingham Metropole hotel on Wednesday, 4 July 2018.

Ed Swales, CEO of Salisbury Group, said: "Being presented with a Gold Award is a mark of the importance we attach to the safety and health of our employees, client staff, customers and building visitors. Since being awarded a Silver Award in 2016, we have continuously improved our processes and introduced innovations that are helping us to provide safer environments in which to work."

 

ESS Starts At COSL Pioneer

ESS Support Service Worldwide (ESS) Offshore, the offshore specialists of Compass Group UK & Ireland, has secured a three-year framework agreement with COSL Drilling Europe AS (CDE) to deliver hotel and catering services on its drilling rigs.

The agreement also contains options for further work to cover CDE’s current and future operations in the UK and Norwegian sectors of the North Sea. ESS will initially deliver catering, laundry and hygiene services on the drilling rig COSL Pioneer which is due to commence UK operations this month.

Picture: One of COSL Drilling Europe's rigs.    

Article written by Brian Shillibeer

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