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AssetCo wins series of major contracts
AssetCo, an integrated support services business, has announced that it has been awarded the contract to provide frontline ambulances to the London Ambulance Service NHS Trust, the North West Ambulance Trust and the Scottish Ambulance Trust.
AssetCo already holds a 20-year PFI contract with London Fire and Emergency Planning Authority in supplying, maintaining and managing over 500 front line and operational vehicles, and 50,000 items of operational equipment for the London Fire Brigade, and the new contract is estimated to be worth around £7 million in the first year.
The company has also announced that UV Modular, a wholly owned subsidiary, has been awarded a contract to supply ambulances to the North West Ambulance Service NHS Trust and will provide ‘Modular Ambulances’ over a two year period with the option to extend the contract under the PASA framework for a further 2 years. The build contract is worth approximately £4m in the first year with the ongoing value of the second year yet to be determined.
Finally the company has announced that UV Modular, a wholly owned subsidiary, has been awarded a further contract to supply ambulances to the Scottish Ambulance Service NHS Trust. The company will provide ‘frontline ambulances’ over a two year period in a contract worth approximately £8m, with the potential to extend the contract by a further two years.
This follows on from the successful winning of an earlier £700,000 contract with the Scottish Ambulance Service for the supply of PTS van conversions. In the past four years the Company has been responsible for the design and manufacture of almost all frontline vehicles in service in Scotland.
Peter Mounsey, Managing Director of UV Modular said:
“Thiese contact win demonstrates that even within today’s tough economic conditions, there is a market need for specialist technology and integrated vehicle design and build solutions. Today’s public authority clients place great faith in their asset providers to deliver safe and workable solutions.”
