Feature

Vivark secures contract extension worth £53M

Liverpool based facilities management company, Vivark, part of the First Ark Group, has won an extension to its core facilities management contract with longstanding client Knowsley Housing Trust (KHT).  
The extension, worth an additional £53m to Vivark, will see the two companies work together for a further three years.
The contract encompasses a range of facilities management and planned maintenance services for KHT.  Over the next three years Vivark will deliver services including reactive repairs to tenant’s homes, the refurbishment of vacant properties, statutory maintenance, electrical testing and external repair and painting work. Additional property refurbishment works will also be undertaken to meet KHT’s long term improvement programmes, expected to amount to a further £12m over the three year period.
To deal with the increased volume of work generated by the contract 93 new positions, including 14 apprenticeships, have been created at the company over the past two years.  As part of its plan to invest back into the communities in which it works, over half of those employees recruited live in Knowsley, seven of which are also KHT tenants.
During the last two years of the contract, Vivark also saved £745,000 for KHT by reducing the average cost of each of the 40,000 annual reactive repair jobs.
Executive director at Vivark, Tony Cahill, said: “We’re delighted that the professional work of our team has resulted in the extension of this contract. As we continue to provide a broad range of facilities management services for KHT, we’ll be looking to build and improve on the strong results we’ve produced so far.
“This contract extension is testament to the high standard of work that’s been carried out by the team; we’ve met the targets set and delivered real value.  This news cements our reputation as a quality facilities management provider and mirrors our values as a social enterprise.”

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on March 4th, 2019



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