Capita selected as preferred bidder for council contract

Outsourcing group Capita has been selected as the preferred bidder for a contract with Barnet Council's development and regulatory services.

Outsourcing group Capita has been selected as the preferred bidder for a contract with Barnet Council's development and regulatory services.

Under the agreement, which is worth around £154m over 10 years, the company will enter into a joint venture with the London Borough of Barnet and deliver services that include highways management, planning and development and regeneration and regulatory services, including environmental health and trading standards.

The company is now awaiting the council's cabinet approval.

The share price fell 0.53% to 941p by midday on Monday.

NR

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