Capita, the FTSE 100 outsourcing group, has said it is aware that the Home Office is pursuing discussions with another supplier with the intention of awarding them a contract to support the new Disclosure and Barring Service (DBS) operations, which are part of the coalition's agreement to review and reform the criminal records system.
While the date of the full handover of services to the new supplier has yet to be finalised, the Criminal Records Bureau (CRB) - which is to merge with the Independent Safeguarding Authority to become the DBS - has advised Capita of its intention to extend the current CRB contract with Capita beyond the current expiry date of March 31st 2013. The terms of this extension agreement are now being finalised.
"Capita is disappointed not to have been selected by the Home Office to support DBS," the firm said.
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
"We believe we have built a strong partnership with the Criminal Records Bureau (CRB) successfully delivering the disclosure service for over 10 years. We will now, of course, work with the CRB, and its new partner, to enable the smooth transfer of the service."
The share price fell 1.68% to 762.50p by 13:53.
NR
-
Barclays begins paying up to £100 compensation to customers after banking outageBarclays will pay up to £7.5 million in compensation to customers after its banking services were disrupted by an IT outage
-
Review: Shangri-La Paris – an ode to the world’s best foodNatasha Langan enjoys fine French and Chinese cuisine at the Shangri-La Paris
