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Capita PLC Secures Electronic Monitoring Contract


Tuesday, 20 Aug 2013 06:57am EDT 

Capita PLC announced that it has been selected by the Ministry of Justice (MoJ) as preferred bidder for the electronic monitoring and field support services contract and also the role of overall services and systems integrator. We expect the contract to generate revenues to Capita of some GBP400 million over the initial six year contract term, based on the anticipated increase in the use of tags beyond the current numbers of monitored individuals. Capita will also work with the MoJ to promote the intellectual property which underpins the service internationally, generating further growth and value for the public purse and Capita. 

Company Quote

1178.0
10.0 +0.86%
19 Sep 2014