Contract

Summary by AI BETAClose X

Capita plc has secured a significant new contract to deliver Synergy Business Process Services for four major UK government departments, including HR, payroll, finance, and procurement. This seven-year agreement, with potential for three one-year extensions, is valued at £370 million over a 10-year period, excluding additional change and expansion services. The contract is set to commence in phased tranches starting March 2026, representing a substantial revenue stream for the company.

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Companies

Capita (CPI)
UK 100

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