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<p>The various contracting authorities, such as individual departments, manage their
contracts with Interserve including monitoring of performance against each contract.</p><p>The
Cabinet Office monitors the financial health of all of our strategic suppliers, including
Interserve, and have regular discussions with the company’s management. Interserve
announced on 06 February 2019 that it had agreed the key commercial terms of its deleveraging
plan with its lenders, bonding providers and Pension Trustee. We welcome this announcement
and recognise that it is a key milestone for the company in delivering the long term
plan that it set out in 2018.</p><p> </p>
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