Serco signs Barts Health NHS Trust tender

Serco Group confirms it has now signed the contract with Barts Health NHS Trust for the provision of Soft Facilities Management Services. The signed contract has an estimated total contract value to Serco of about £600m over the maximum 10-year term.

Serco previously announced on 22 September that it had been appointed Preferred Bidder for this tender.

The initial contract period is for seven years, with the corresponding value for this initial period to be reflected in Serco's order book, and the contract can be extended for a further three years on the mutual agreement of Serco and the Trust.