Capita is preferred bidder for 320m pound contract
Capitahas been selected as the preferred bidder to develop the London Borough of Barnet's new support and customer service organisation.
Capitahas been selected as the preferred bidder to develop the London Borough of Barnet's new support and customer service organisation.
The contract is expected to be worth about £320m over 10 years and would begin in April 2013.
"Preferred bidder" status means that officers of the council have recommended that Capita gain the contract, but it has yet to be finally approved by Barnet Council's 'Cabinet' of elected local politicians.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
A spokesperson for Capita explained that the services included in the contract would include: human resources, payroll, processing of parking fines and other customer-related communications activities.
CM
Sign up for MoneyWeek's newsletters
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
-
Barclays begins paying up to £100 compensation to customers after banking outage
Barclays will pay up to £7.5 million in compensation to customers after its banking services were disrupted by an IT outage
By Daniel Hilton Published
-
Review: Shangri-La Paris – an ode to the world’s best food
Natasha Langan enjoys fine French and Chinese cuisine at the Shangri-La Paris
By Natasha Langan Published