Partnership deals with Octavia and Old Ford bring order book to 拢1.7bn

Mears Group has been awarded two new UK social housing contracts worth a total of 拢57m.


Bob Holt
Holt: "the visibility of future revenues has been further enhanced"

The public-sector contractor won 10-year partnership contracts with Octavia Housing and Care and the Old Ford Housing Association. The contract with Octavia is worth 拢36m while the contract with Old Ford is worth 拢21m. Both jobs will see Mears provide repairs and empty property services.

Mears said that this has brought its total aggregate contract awards to 拢400m in six months. Bob Holt, group chief executive, said: 鈥淲e would not achieve these levels of contract wins without the great references that we get from our existing clients. Our order book stands at 拢1.7bn and the visibility of future revenues has been further enhanced.鈥�

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