Capita plc: Capita preferred bidder for Barnet joint venture
20 May 2013
Capita preferred bidder for Barnet Council's development and regulatory services contract
Capita plc can confirm that it has been selected as preferred bidder to enter into a joint venture with the London Borough of Barnet to deliver development and regulatory services, subject to the Council's Cabinet approval.
The contract is expected to be worth approximately £154m over 10 years and is scheduled to commence on 1 October 2013. Development and regulatory services includes highways management, planning and development and regeneration and regulatory services, including environmental health and trading standards. The contract will be delivered by Capita's property and infrastructure business.
Further details will be issued following the Council's due process, as appropriate.
For further information:
Capita plc Tel: 020 7799 1525 Paul Pindar, Chief Executive Officer Shona Nichols, Corporate Communications Director
Media enquiries only: Capita press office Caroline Mooney Tel: 020 7654 2152 or 020 7654 2399 (out of hours) Email: email@example.com
Note to editors
Capita plc is the UK's leading provider of BPO and integrated professional support service solutions. With 52,500 people at more than 350 sites, including 70 business centres across the UK, Europe, India and South Africa, the Group uses its expertise, infrastructure and scale benefits to transform its clients' services, driving down costs and adding value. Capita is quoted on the London Stock Exchange (CPI.L), and is a constituent of the FTSE 100 with 2012 revenue of £3.3 billion and profit before tax of £426 million. Further information on Capita plc can be found at: www.capita.co.uk
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