LONDON, Dec 5 (Reuters) - British outsourcing group Capita moved a step closer to its largest ever contract win on Wednesday after Staffordshire County Council voted to approve its bid to run education services in the region.
The FTSE-100 firm was granted “preferred bidder” status on a 20-year joint venture with the council in England’s west midlands earlier in November, subject to approval by locally elected leaders.
Capita expects the contract - to run services ranging from cooking and cleaning to administration support - to generate 85 million pounds ($137 million) a year in revenue. If Capita seals the deal, it will be its fourth with a local council in as many months.
Work will now start to have the new joint venture entity up and running by April 2013.