REACT Group plc (LON:REAT), the leading specialist cleaning, hygiene, and decontamination company, has announced that it has been awarded three material contracts totalling over £1.3m annually. All three contracts have been or are being mobilised during the month of April 2024.
The contracts include the renewal and expansion of a Facilities Management soft services agreement with an NHS trust in the Midlands. The agreement is for a minimum three-year term with an option to extend to five years. The three-year value of the agreement is c.£785k and represents a c.30% expansion of services from the previous agreement.
The Company has also extended for a further two years the Core Vendor agreement it established three years ago with the UK operation of one of the world’s largest FM companies. Within the extension is a new incremental agreement to provide crime scene cleaning for a large UK Government agency, with a history of spending c.£500k per year on reactive specialist cleaning.
