Home / Announcements / NG Bailey lands £20m retail extension and expansion deal

NG Bailey lands £20m retail extension and expansion deal

NG Bailey has secured a £20 million deal with Land Securities to provide maintenance services at eight shopping centre’s in the company’s portfolio.

The three-year contract which has the option to extend by a further three years, is a retention of five shopping centres that have been managed by NG bailey for five years, along with an extension of an additional three centres which went live on 1 April 2016.

Under the terms of the deal, NG Bailey will provide mechanical, electrical and building fabric maintenance, including HVAC, security, fire detection and protection, drainage and energy consumption management.

Stuart Linington, managing director of NG Bailey’s Facilities Services division said of the contract win:

“We’re delighted to have been awarded this significant contract, which builds on the strength of our existing relationship with Land Securities.

“As part of the new contract, we proposed an innovative energy saving solution that will introduce significant savings and further improve Land Securities’ impressive sustainability record.”

Tony Hemmings, head of engineering at Land Securities, added:

“NG Bailey has proven that they can exceed our expectations, while being cost-effective and delivering measurable results.  We are pleased to be working with the company for another three years, potentially six and, to have added three more centres to its remit.”

Seven of the shopping centres will be maintained by resident NG Bailey staff, including skilled engineers, apprentices and contract management support staff. Whilst a smaller centre in West London will be serviced and supported by the firm’s fleet of mobile engineers.

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