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New deal in Canada could bring £870m to outsourcer Serco

New deal in Canada could bring £870m to outsourcer Serco Serco will provide air traffic control, among other services, to the military base (Ian Nicholson/PA) Serco has won a contract to run the civilian parts of a Canadian military base, in a deal which could be worth up to £870 million to the British outsourcing giant. The company said it had been selected after an open tender process to provide support services for the 5 Wing Canadian Forces Base in Goose Bay, Canada. The deal initially stretches for 10 years and has an estimated top value of 694 million Canadian dollars (£401 million). However, the contract’s terms also include the option to extend it twice for five years each time, bringing the total ceiling value to around 1.5 billion Canadian dollars (£866 million).

BluMetric Environmental Inc : BluMetric Chosen to Compete in UK Water Innovations Competition on World Water Day

(1) Ottawa, Ontario (Newsfile Corp. - March 17, 2021) - BluMetric Environmental Inc. (TSXV: BLM) is set to virtually take the stage in the UK for World Water Day on March 22, 2021. The Company is one of only eight Ontario firms selected to pitch its clean water innovations to UK-based water and wastewater utilities and stakeholders in a Dragon s Den style event. The Future Water Association, a UK trade organization, is hosting the virtual Water Dragons event. The Future Water Association has been hosting the annual Water Dragons event since 2008, building strong interest across Europe. This is the first internationally focused Water Dragons event, developed in partnership with the Canadian High Commission and the Government of Ontario.

Serco to provide support services at RCAF 5 Wing Goose Bay base

Serco to provide support services at RCAF 5 Wing Goose Bay base 17 March 2021 (Last Updated March 17th, 2021 14:44) Serco has secured a ten-year contract to provide support services at the Royal Canadian Air Force (RCAF) 5 Wing Goose Bay base in Central Labrador. Work under the latest contract will start in September this year. Credit: Serco. Share Article Serco has secured a ten-year contract to provide support services at the Royal Canadian Air Force (RCAF) 5 Wing Goose Bay base in Central Labrador. The estimated ceiling value of the contract is $557m (C$694m). Serco noted that annual revenues in the opening years are expected to be between $27.7m-$41.6m, similar to the value seen in recent years on an existing agreement.

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