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Thanks NOFEAR, and this is certainly significant, but it would be naïve to suggest the division of 8 billion would be an equal split.... Just curious on the numbers.
Thanks try2buylow for sharing your thoughts on Capita latest DWP 23rd Oct. tender awards.
But when you made that analysis, did you also looked at this too apart for the one below that you said ?
And I quote: "Procurement from CPI is shown as line 2 & 5 both in C Business Services"
What about Capita awared procurement numbered 11 from the list I posted ?
11 Capita Business Services (London)
CAEHRS
Reference: ui_dwp_22220
I'll hazard a guess.
Procurement from CPI is shown as line 2 & 5 both in C Business Services but that is an aggregation of many business units, in decipherable for each other externally from statutory accounts (as legacy of shrewder management). One could be for example recruitment services & another health screening for example. Breakdown of elements not disclosed under Light Touch rules, also it could be that figures are volume based - i.e earnt by number of transactions that may happen (i.e. DWP have to announce procurement limit of £x for their expected needs of y staff) but the numbers that will come from contractor 5 is not clear yet nor what they may be worth (rather than this being a LT contracted revenue for essential but low margin work where 1/60th is earned each month for 60 months which the CPI leadership wishes to move away from).
Guess only
Sorry need to be Corrected:
Hi Mylordflasheart
Thanks, but it would not take too much to figure out that Capita has won three awards out that DWP £8-Billion tender.
Also, we need to remember that that £8-Billion figure would mostly be paid in yearly lumpsums. So assuming that all the local authorities are happy with Capita and the other suppliers doing the job as good as they can and meets all the expectations as the award stated, there is no reason to question further other than the tender has been in majority to Capita and Adecco. The fact that Capita and Adecco have the most tasks awarded under that £8-Billion contract, I would not be that far wrong to estimate an awarded earning percentage figure over the five years based on the Capita DWP three allocated contracts at aprox. that would probably be the same as Adecco.
Therefore, I would positevely be expecting that Capita and Adecco would had agreed with the DWP for aprox. £1.2-Billions to £1.5-Billions diveded over five years or between £240-Millions to £300-Millions each year. Notwithstanding that Capita has a notorious reputation with the issue of PR, these does not mean because is not yet in the news with a proper RNS, we should just ignore the fact that I've posted a 100% valid legitimate proof that the DWP 23rd October 2020 awared tender should be brushed under the carpet as not important and we should be jumping with happiness instead.
I cannot make it clear for everyone holding long that Capita is planning something and we should all be invested
now rather than later if you want to catch the share uprising. GLA, DYOR,BE-POSITIVE. Take care all. NoFear
Mylordflasheart
Thanks, but it would not take too much to figure out that Capita has won three awards out that DWP £8-Billion tender.
Also, we need to remember that that £8-Billion figure would mostly be paid in yearly lumpsums. So assuming that all the local authorities are happy with Capita and the other suppliers doing the job as good as they can and meets all the expectations as the award stated, I'm very happy that the DWP tender has now completed. The fact that Capita and Adeccohave the most tasks awarded under that £8-Billion contract, I would be that far wrong to estimate an awarded earning percentage figure over the five years based on the Capita DWP three allocated contracts at aprox. the same as Adecco.
Therefore, I would positevely be expecting that Capita would had been agreed with the DWP for aprox. £1.2-Billions to £1.5-Billions diveded over five years or between £240-Millions to £300-Millions each year. Notwithstanding that Capita has a notorious reputation with their PR, these does not mean because is not yet in the news with a proper RNS, we should just ignore the fact that I've posted a 100% valid legitimate proof that the DWP 23rd October 2020 should be brushed under the carpet as not important.
I cannot make it clear for everyone that Capita is planning something and we should all be invested
now rather than later if you want to catch the share uprising. GLA, DYOR,BE-POSITIVE.NoFear
NOFEAR
Great detail, however do we know the worth of each contract? Assuming the term is still over 5 years? Be nice to see an RNS on this, but doubt that'll happen. There was an internal comms a coupe of weeks ago congratulating the hard work of the team involved, including names responsible, which is a little unusual. CPI saw it as a big deal.
DWP £8-bILLIONS Awarded Detail-23rd October 2020
1 Adecco Working Ventures (London)
Commercial Agreement for Employment and Health Related Services
Reference: ui_dwp_22220
2 Capita Business Services (London)
Commercial Agreement for Employment and Health Related Services
Reference: ui_dwp_22220
3 Fedcap Employment (Middlesbrough)
Commercial Agreement for Employment and Health Related Services
Reference: ui_dwp_22220
4 Learning Curve Group (Spennymoor)
Commercial Agreement for Employment and Health Related Services
Reference: ui_dwp_22220
5 Capita Business Services (London)
Commercial Agreement for Employment and Heath Related Services
Reference: ui_dwp_22220
6 Sheffield College (Sheffield)
Commercial Agreement for Employment and Health Related Services
Reference: ui_dwp_22220
7 Ingeus (London)
Commercial Agreement for Employment and Health Related Services
Reference: ui_dwp_22220
8 Seetec Pluss (Hockley)
Commercial Agreement for Employment and Heath Related Services
Reference: ui_dwp_22220
9 Adecco Working Ventures (London)
Commercial Agreement for Employment and Heath Related Services
Reference: ui_dwp_22220
10 Ingeus (London)
Commercial Agreement for Employment and Health Related Services
Reference: ui_dwp_22220
11 Capita Business Services (London)
CAEHRS
Reference: ui_dwp_22220
12 Reed in Partnership (London)
Commercial Agreement for the Provision of Employment and Health Related Services (CAEHRS)
Reference: ui_dwp_22220
13 Adecco Working Ventures (London)
Commercial Agreement for Employment and Health Related Services (CAEHRS)
Reference: ui_dwp_22220
You can see from the 8 listed above suppliers, that Adecco Working Ventures (London) and Capita Business Services (London) have each three allocated awarded contracts in comparisons the other suppliers have between two and one contacts awarded and sharing from the £8-Billions DWP closed tender.
Hi everyone, Why Capita has yet to publish the excellent market sensitive big award ?
Smile.(*__*).NoFear GLA,DYOR.
Published 23rd October 2020
Contract Award Notice
[DEPARTMENT FOR WORK AND PENSIONS]-£7.5billions contract completed & awarded
Capita Plc awarded with another 7 suppliers for the The Department for Work and Pensions (DWP)
Click on the awarded info--->>> https://bidstats.uk/tenders/2020/W43/737476780
The total individually awared to the 8 suppliers which includes Capita has not been published but if you were to dived the £7.5billion contract in between 8 suppliers, you would get between £1-billion and £937,500-Millions per each supplier over a five year period or 2025.
6th October 2020 By Capita newsroom:
Capita plc today announces it has been appointed to the Department for Work and Pensions’ (DWP)
https://www.capita.com/news/capita-appointed-to-dwp-employment-and-health-framework