March 10, 2014 / 2:30 PM / in 4 years

Capita edges rival Serco in 10-year UK defence contract race

LONDON, March 10 (Reuters) - British outsourcer Capita was named as the preferred bidder for a 10-year contract to manage the government’s 21 billion pound ($35 billion) military estate, gaining an edge over rival Serco to the post.

The move comes as a blow to embattled rival Serco, which had hoped to win the contract to help ease fears over the state of its relationship with the British government following a series of high profile contact failures such as the tagging of criminals.

The Ministry of Defence awarded the 400 million pound contract to a consortium, led by Capita, to work on overhauling the Defence Infrastructure Organisation (DIO) which accounts for 1 percent of the country’s land mass.

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below