Tender Win
17 10월 2007 - 4:01PM
UK Regulatory
RNS Number:8359F
Carter & Carter Group PLC
17 October 2007
Immediate Release 17 October 2007
Carter & Carter Group plc
('Carter & Carter' or 'the Group')
TENDER WIN
Further to its announcement on 13 July 2007, Carter & Carter is pleased to
announce that it has been awarded preferred bidder status in tenders for the
following districts included in Phase Two of the Department for Work and
Pensions ("DWP") Provider Led Pathways to Work programme:
* North East Yorkshire and The Humber; and
* Cheshire and Warrington.
Post tender negotiations will be conducted between Carter & Carter and DWP to
agree precise details of the relevant contracts, which are expected to be
formalized by December 2007 for delivery by Carter & Carter from April 2008. The
DWP has appointed two preferred bidders in each of the above districts, with the
districts having aggregate contract values of circa #30m over three years, of
which Carter & Carter expects to contract for circa #15m.
Rodney Westhead, Carter & Carter's Chairman and Interim Chief Executive said:
"I am delighted at this news. As well as the revenue generated for the Group,
involvement in Pathways is strategically significant for the Employability
sector of our business. Pathways is a key development in the Government's
welfare to work reforms and we are one of only 12 providers selected to deliver
the programme. This provides us with an excellent opportunity to build on our
already strong relationship with DWP and be closely involved with the future
shaping and delivery of the Government's welfare to work strategy."
ENDS
Contacts
Carter & Carter Group
Rodney Westhead Chairman 0115 945 7226
Buchanan Communications
Mark Edwards 020 7466 5000 / 07801 480 322
Suzanne Brocks 020 7466 5000 / 07776 234 600
This information is provided by RNS
The company news service from the London Stock Exchange
END
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