LONDON (Alliance News) - Capita PLC Monday said it has been selected as preferred bidder by the Ministry of Defence to be the Strategic Business Partner for the Defence Infrastructure Organisation, with the 10-year contract worth up to GBP400 million.
In a statement, the FTSE 100 outsourcing company said it will lead a partnership comprising two integrated sub-contractors, URS and PA Consulting.
Chief Executive Andy Parker said Capita brings, "a unique breadth of expertise to the MOD."
"The partnership will help to unlock the knowledge, skills and resources that already exist within
the DIO, while adding capability to tackle the significant cost-saving targets currently facing the MOD," Parker said in a statement.
The partnership will initially deliver an 18-month transformation project designed to produce a blueprint for the future strategic asset management of the estate, according to Capital.
The blueprint will then be executed by the partnership working closely with the MOD to create a, "world-class infrastructure delivery organisation capable of supporting the long-term objectives of the MOD."
URS will support the operational management of the estate and management of capital projects.
Capita shares were Monday quoted at 1,127 pence.
By Samuel Agini; samagini@alliancenews.com; @samuelagini
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