Capita PLC BBC extends partnership for two years

 
TIDMCPI 
 
19 December 2016 
 
        BBC extends partnership with Capita for an additional two years 
 
The BBC has agreed to extend its existing TV licence collections partnership 
with Capita for a further two years. This extends the current eight-year 
contract to June 2022. 
 
Over the remaining term of the contract, both parties will continue to work 
closely together to further improve revenue collection rates, reduce evasion 
and decrease the cost of collection for the BBC. Capita will introduce further 
enhancement to its insight and analytical capability, and introduce new 
technologies to enhance the service experience for the Licence Fee payer. 
 
Andy Parker, Chief Executive of Capita plc, said: "This contract extension 
reflects the success of the partnership, which has run since Capita first took 
over the administration of TV Licensing in 2002, signing a further contract in 
2011. Capita now collects GBP3.7bn in licence fees on behalf of the BBC. We have 
made efficiencies over the contract and collection costs are now less than 3p 
in every pound. We look forward to continuing to work with the BBC over the 
next five years." 
 
                                     ENDS 
 
For further information: 
 
Capita plc 
Tel: [phone] 
Andy Parker, Chief Executive Officer 
Shona Nichols, Executive Director, Communications 
Andrew Ripper, Head of Investor Relations 
 
Media enquiries 
 
David Hendy 
Tel: [phone] 
[e-mail] 
 
Note to editors 
 
Capita is a leading UK provider of technology-enabled customer and business 
process services and integrated professional support services. With 75,000 
people at over 500 sites, including 94 business centres across the UK, Europe, 
India and South Africa, Capita uses its expertise, infrastructure and scale 
benefits to transform its clients' services, driving down costs and adding 
value. Capita is quoted on the London Stock Exchange (CPI.L), and is a 
constituent of the FTSE 100 with 2015 revenue of GBP4.7 billion. Further 
information on Capita can be found at: www.capita.com. 
 
 
 
END 
 

(END) Dow Jones Newswires

December 19, 2016 04:01 ET (09:01 GMT)