Capita To Hire 900 After Winning Renewal For Congestion Charge Contracts

(Alliance News) - Capita PLC has said it will hire another 900 people to help it run London's ...

Alliance News 10 August, 2020 | 4:08PM
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(Alliance News) - Capita PLC has said it will hire another 900 people to help it run London's congestion charge and low emission zones, as it extended its contracts with Transport for London for another five years.

The FTSE 250 outsourcing giant said the GBP355 million deal would see it continue work on the congestion charge and low emission zone but also picks up added work with the expanded ultra-low emission zone and other TfL plans.

One of these is to run registration and monitoring for the direct vision standards – a set of new rules to make sure that lorries are safer for pedestrians, cyclists and motorcyclists.

The multimillion-pound contracts are a major coup for Chief Executive Jon Lewis after some speculation that TfL might cancel the contracts and decide to do everything itself.

"We are delighted to be continuing to partner with Transport for London, working across Capita's divisions to manage and administer the congestion charge, LEZ and ULEZ. These new contracts will see us build on our existing partnership, which has already seen us launch ULEZ on time and on budget, and will draw on our track record of transformation and digitally enabled services, as well as adding value for our shareholders, Lewis said.

"Working with Transport for London, we will roll out new, expanded programmes that reduce the effects of air pollution on Londoners and make the streets safer for all road users and pedestrians," he added.

source: PA

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Security Name Price Change (%) Morningstar
Rating
Capita PLC 29.66 GBX 0.00 -

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