Capita wins another PIP contract
Outsourcing giant Capita has signed a deal with the Northern Ireland Social Security Agency under which it will provide the organisation with assessments for country's new personal independence payment (PIP).
Outsourcing giant Capita has signed a deal with the Northern Ireland Social Security Agency under which it will provide the organisation with assessments for country's new personal independence payment (PIP).
Under the £65m contract, Capita will make assessments of new claiments of PIP, as well as of claimants of Disability Living Allowance (DLA), which PIP is replacing.
The contract follows the company's win earlier this year when it was awarded the contract to deliver PIP assessments across central England and Wales.
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
Capita plc chief executive, Paul Pindar, said: "Capita consulted extensively with representative groups to design a fair and claimant-centred assessment service and is committed to ongoing dialogue to ensure continual development during implementation and throughout delivery.
"Through strategic acquisitions to its health and wellbeing business, Capita has established a wealth of assessments capability and access to multi-disciplinary teams of health professionals. These factors will ensure claimants receive a fair and independent assessment of their ability to live independently."
PIP is part of the government's reform of the welfare system and will officially replace DLA in April 2013.
The share price rose 0.49% to 722.50p by 12:42.
NR
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.
-
How taking a two-year career break could leave a £26k hole in your pension
Career breaks are increasingly common but it is important to take steps to protect your pension, as gaps compound over time
-
Cash in on your attic: Thousands could be sitting dormant in your storage
Selling your valuables at auction could be far more lucrative than you think. We take a look at how auctions work, and some tips to help you maximise your profits