Caverion has signed a managed services contract with general contractor A. Enggaard and Nordea to deliver a managed life cycle project for a new office building to be used by several public sector authorities at Kalvebod Brygge in Copenhagen, Denmark. The value of the project is more than EUR 80 million for Caverion, which makes it one of the public-private partnership (PPP) projects in Denmark and also one of the orders Caverion has ever received. The contract is included in Caverion's first quarter of 2016 order backlog.

Caverion's part of the PPP project includes total technical solutions covering all building systems in the property, followed by operation, service and maintenance throughout a contract period of 20 years from completion. This means that Caverion is responsible for the energy management, effectiveness, usability, safety, and condition of the property throughout its life cycle. In the project, Caverion takes full responsibility for the planning, building, operating and maintaining of all technical systems and solutions in the property, including technical disciplines such as heating and sanitation, ventilation and air conditioning, electricity, security and safety, and building automation.

The property is connected to Caverion's remote management service, which on its part ensures agreed conditions and optimal energy use in the building. In addition to technical maintenance, Caverion is also responsible for managing soft services related to the property, such as canteen, cleaning and winter maintenance, through subcontracting.