Rok awarded Preferred Bidder


 

TIDMROK 
 
RNS Number : 6658C 
Rok PLC 
18 November 2009 
 

Date: 18 November 2009 
On behalf of:      Rok plc ("Rok") 
Embargoed until:    0700hrs 
 
 
Rok plc 
 
 
Rok awarded Preferred Bidder as part of consortium in Oldham Housing Project 
worth GBP130 million 
 
 
Rok plc, the property repair and maintenance specialist, is pleased to announce 
its appointment as part of a consortium awarded Preferred Bidder by Oldham 
Council for work on the Gateways to Oldham housing and regeneration project, 
worth a total of GBP130 million. Rok is part of the Inspiral Consortium which 
also includes Regenter and Great Places Housing Group. 
 
 
The Private Finance Initiative contract will span 25 years and aims to transform 
four key areas of Oldham into diverse and attractive residential areas; Rok will 
be responsible for building 430 new social and private homes, modernising and 
refurbishing 324 existing council homes, and providing long term repair and 
maintenance work for all social housing. 
 
 
This forward thinking project also involves creating high-quality public open 
spaces, improved car parking and new community facilities; all with the aim of 
establishing modern and sustainable communities in which people will choose to 
live and work. 
 
 
Regenter is the lead investor, developer and manager for the project, and Great 
Places Housing Group is co-investor and developer, providing neighbourhood and 
estates management services. 
 
 
Commenting on the successes, Rok's Chief Executive, Garvis Snook, said: 
 
 
"This appointment is excellent news for Rok and particularly demonstrates how 
public organisations are continuing to invest for the future, despite current 
economic conditions. The project itself will allow us to demonstrate our skills 
in building new homes, refurbishing existing properties and maintaining houses 
over the long term. 
 
 
"Our local team is looking forward to working with Oldham Council on this 
exciting programme, which we anticipate will generate significant employment 
opportunities in Oldham as a result." 
 
 
 
 
Ends 
 
 
Enquiries to: 
 
 
+--------------------------------------------+--------------------------+ 
| Rok plc                                    | www.rokgroup.com         | 
+--------------------------------------------+--------------------------+ 
| Garvis Snook, Group Chief Executive        | Tel: 020 7977 7982       | 
| Ashley Martin, Group Finance Director      | Tel: 020 7977 7984       | 
|                                            |                          | 
+--------------------------------------------+--------------------------+ 
| Redleaf Communications Ltd                 |                          | 
+--------------------------------------------+--------------------------+ 
| Emma Kane/ Rebecca Sanders-Hewett /Kathryn | Tel: 020 7566 6700       | 
| Hurford                                    | rok@redleafpr.com        | 
|                                            |                          | 
+--------------------------------------------+--------------------------+ 
 
 
 
 
Notes to Editors: 
 
 
 
 
  *  Rok plc's shares are listed on the Official List of the London Stock Exchange 
  under the symbol ROK. 
 
  *  The Group specialises in low risk, relationship based service delivery providing 
  new build, planned repairs and refurbishment and response maintenance services 
  that are tailored to local needs and customers' wishes supported by the 
  resources and expertise of one of the industry's leading players. 
 
  *  Further information on the Group can be accessed at www.rokgroup.com 
 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 MSCDDLFFKFBZFBD
Rok Plc (LSE:ROK)
Graphique Historique de l'Action
De Mai 2024 à Juin 2024