Interserve named sole contractor in Magnox framework agreement

8 August 2011

Interserve, the international support services and construction group, has been named the sole contractor in a four-year framework agreement with Magnox.

This involves the development of a scalable design for facilities to store intermediate-level waste held in ductile iron containers, and then the construction of eight such facilities on separate sites with variable ground conditions. The anticipated value of the agreement over the four years plus a possible three-year extension is between £15 million and £18 million.

A number of projects are now online and on their way towards final design solutions. Throughout the working process, Magnox and Interserve have forged a mutually supportive professional relationship.

Commenting on this approach, John Vieth (Supply Chain Development & Relationship Manager) of Magnox said: “Through Interserve’s consistent delivery we are moving efficiently from project to project and site to site expending minimal effort. Interserve has a thorough understanding of what is required to make the framework a success and is actively supporting us to make it happen.”

The agreement with Magnox follows recent success for Interserve in the nuclear sector, with the group having constructed the first two of 11 large, prefabricated modules required for the creation of the Evaporator D facility located at the Sellafield nuclear site in Cumbria, the biggest nuclear project underway in the UK.

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For further information please contact:
Michele Curran 0121 3444888; michele.curran@interserve.com
Head of Corporate Business Development
Karen Lewis 01785 255146; karen@edsonevers.com
Account Manager Edson Evers

About Interserve
Interserve's vision is to be the Trusted Partner of all our stakeholders. We are one of the world’s foremost support services and construction companies, operating in the public and private sectors in the UK and internationally. We offer advice, design, construction, equipment and facilities management services for society's infrastructure. Interserve is based in the UK, has revenue of £1.9 billion and a workforce of nearly 50,000 people worldwide.

General website: www.interserve.com
Industrial website: www.industrial.interserve.com