29th Oct 2014 13:10
LONDON (Alliance News) - The Ministry Of Justice named the preferred bidders for the 21 rehabilitation services contracts on Wednesday, with Interserve PLC the only UK-listed company to win a place on the programme.
Interserve is among the members of the Purple Futures consortium, working alongside social enterprise 3SC and charity groups Addaction, P3 and Shelter. It was named as the preferred bidder for five of the contracts, covering Humberside, Lincolshire & North Yorkshire, West Yorkshire, Cheshire & Greater Manchester, Merseyside and Hampshire & Isle of Wight.
French outsourcing group Sodexo SA's Sodexo Justice Services division also won a place on six of the contracts, working alongside charity group NACRO.
The MoJ said 20 of the 21 contracts are to be led by new partnerships and joint ventures between private sector companies and British rehabilitation charities. Half of the partnerships also include new 'mutual' organisations created by existing probation services staff in order to take over their own organisations.
Interserve shares were up 2.9% to 612 pence on Wednesday.
By Sam Unsted; [email protected]; @SamUAtAlliance
Copyright 2014 Alliance News Limited. All Rights Reserved.
Related Shares:
InterserveCapita