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REACT Group gets another London hospital service contract
Rapid response deep cleaning and emergency decontamination services provider REACT Group announced on Friday that its subsidiary, REACT Specialist Cleaning, has signed an additional service contract with a major facilities company for the provision of deep cleaning services for an unnamed major London hospital - the same hospital as the initial contract announced on 11 September last year.
The AIM-traded firm said the contract was for a period of 18 months, and covered both deep cleaning and other ad hoc work on a preferred supplier basis.
RSCL was awarded initial purchase orders totalling £0.21m excluding VAT for deep cleaning work under the service contract.
The additional provision under the contract for other ad hoc services was described by the board as "significant", however.
It said that was because, whilst there was no guarantee as to the level of additional work, REACT was now the preferred supplier, with similar ad hoc services from the client contributing more than £0.25m to revenue in the previous financial year.
"We are very pleased that the company has continued to build more contract work, which reflects on the high standards that our teams continue to deliver," said chairman Gill Leates.
"We will continue our strategy of developing the business in our areas of core expertise."