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Capita Wins Two New Contracts

Capita Wins Two New Contracts

The Capita Group Plc has announced its intent to enter into a new contract with MetLife Europe Ltd to deliver a major new phase of their strategic outsourcing partnership. The contract will be worth approximately 120 million over 10 years, with scope for additional services to be added, and helps underpin the long-term UK growth strategy of MetLife.

Capita also announced that it has been appointed as preferred supplier by the Department for Education, after a competitive tender process, to administer the Teachers' Pension Scheme (TPS). The 7 year contract worth 80 million, with an option to extend for up to three years, would start in October 2011 when the current contract, also with Capita, ends.

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