Capita secures UK government contract worth £370m

(Sharecast News) - Capita said on Wednesday that it has been selected to deliver the Synergy Business Process Services contract, which is worth £370m over a 10-year period. As part of the new contract, Capita will deliver tech-enabled back-office services for public servants across four major UK government departments: the Department for Work and Pensions, Ministry of Justice, Home Office, and the Department for Environment, Food and Rural Affairs.

Capita will deliver a suite of services including HR, payroll, recruitment, finance, procurement, and service desk support, underpinned by technologies delivered with hyperscalers and partners.

The contract is expected to start in phased tranches, beginning March 2026 and will run for seven years, with the option of three one-year extensions.

At 0922 GMT, the shares were up 0.7% at 340.50p.