Serco wins up to £870m Goose Bay contract extension in Canada | 17 March 2021
17 March 2021 | 07:07am StockMarketWire.com - Services provider Serco said it had won a contract extension worth up to around £870 million to provide support services at the 5 Wing forces base in Goose Bay, Canada. The initial 10-year contract period had an estimated ceiling value of C$694 million or about £400 million. The contract had provision for two further five-year extensions with a potential ceiling value to Serco over the full 20 years of about C$1.5 billion (around £870 million). The contract was awarded after an open tender process and would commence in September. Serco said it...
Source: stockmarketwire.com