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Sun June 20 2021

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Mitie wins £775m Lloyds deal

27 Apr 12 Lloyds Banking Group has signed up Mitie Group to provide facilities management services for five years in one of the biggest deals of its kind.

Mitie chief executive Ruby McGregor-Smith
Mitie chief executive Ruby McGregor-Smith

The contract is expected to be worth £155m a year to Mitie and has a possible one year extension.

Mitie will provide a range of facilities management services across the bank's entire UK branch and office estate. Services to be delivered include catering, reception, engineering maintenance, cleaning, security, waste management, minor capital reactive works, office space management and a range of other services. Mitie will also manage utilities expenditure under the contract along with a comprehensive energy management and carbon emissions reduction plan.

Mitie chief executive Ruby McGregor-Smith said: "This partnership will deliver a new style of facilities outsourcing in the UK. It will be one of the biggest private sector facilities management contracts of its type and is a great example of two organisations working collaboratively.”

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