Cleanzine: your weekly cleaning and hygiene industry newsletter 18th April 2024 Issue no. 1110
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ISS signs five-year IFS contract with Equinor
ISS Facility Services in Norway has announced an agreement with energy company, Equinor, to deliver services to its office sites.
The contract will run for five years, with a possible extension of five additional years. With a revenue of MNOK 550 per year for five years, this is the largest FM contract in the Norwegian market.
ISS will deliver a full range of integrated facilities services, including cleaning, food and catering, operations maintenance, as well as office support and security, to 12 office sites in six different Norwegian cities. Around 550 ISS employees will be involved in the daily operations.
"This is a big day for ISS,” announced Carl-Fredrik Bjor, CEO of ISS Facility Services in Norway. “We are very proud to have entered a strategic collaboration with Equinor. Now, we look forward to delivering high quality services that will contribute to a motivating and productive work environment for Equinor's employees, delivered by people who care.
“I would like to thank everyone involved across the entire ISS enterprise, who have worked tirelessly to make this happen, and we look forward to a fruitful partnership with Equinor."
The contract is a Vested contract – said to be the largest of its kind ever signed in the Nordics. In contrast to traditional outsourcing, where you buy carefully selected services, a Vested agreement is built upon mutual trust and both parties commit to each other's success, resulting in better services and reduced cost. Vested is a methodology developed by researchers at the University of Tennessee and the process has been facilitated by an approved facilitator and will be certified by the University of Tennessee.
1st July 2021