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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.

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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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