Interserve wins place on Department of Health construction framework

The award continues Interserve's 14-year role on UK health frameworks, through which it has delivered more than £1bn of healthcare facilities across over 250 projects, including the UK's first Proton Beam therapy unit, currently being built at The Christie in Manchester.

Interserve is one of six companies that have been awarded a place on the framework.

Chief executive Adrian Ringrose said: "We have been working towards securing a place on the P22 Framework since 2014. Together with our existing clients and experienced supply chain, we have sought to balance the complex needs of the sector with the provision of consistent and capable supply side teams that can help the NHS drive efficiency in its capital resource allocation.

"This has involved investment in many areas of the construction process such as programme level IT infrastructure, web services and communications as well as the further training and development of our people and supply chain as we continue to deliver world-class facilities for patients and staff, while supporting the drive to create long-term value across the NHS Estate."

At 1023 BST, the shares were down 2.2% to 371.25p.