Serco wins Testing Centres contract rebid

RNS Number : 2390D

Serco Group PLC

28 June 2021

 

Serco wins Testing Centres contract rebid

28 June 2021

Serco announces that it has been awarded a contract by the UK Department of Health and Social Care (DHSC) to continue providing support services to Covid-19 regional, local and mobile test centres in England and Northern Ireland.  The contract, awarded after a competitive process run by the DHSC and the Crown Commercial Service, is for 12 months with an option to extend for a further 6 months.  The value of the award could be up to £322m, although the actual amount could differ materially from this as the contract is designed to be flexible, matching services to the demand for testing over the coming months.  Serco will provide test site operations, asset administration support, cleaning and security services at around 20% of sites in England and Northern Ireland, including a mixture of drive-through and walk-in testing centres, as well as mobile testing units. The new contract will complete its transition process in July this year.  Our expectation for the contribution from testing centres is unchanged from the guidance we gave in our latest trading update issued on 14 June.

Commenting on the award, Rupert Soames, Group Chief Executive of Serco said: "We are proud of the part we have played in building and operating the UK's highly successful Covid-19 testing infrastructure.  From a standing start in March 2020, NHS Test & Trace has grown a network of regional, local and mobile sites which have delivered over 18.5 million individual tests, an average of 51,000 tests a day.  We are delighted that the DHSC has selected us to continue to support them in providing these services for at least the next twelve months."  

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For further information please contact:

Paul Checketts, Head of Investor Relations, tel: [phone] or email: [e-mail]

Marcus De Ville, Head of Media Relations, tel: [phone] or email: [e-mail]

About Serco

Serco is a leading international provider of public services. Our customers are governments or others operating in the public sector.  We gain scale, expertise and diversification by operating around the world across five sectors and four geographies: Defence, Justice & Immigration, Transport, Health and Citizen Services, delivered in UK & Europe, North America, Asia Pacific and the Middle East. More information can be found at www.serco.com

Forward looking statements

This announcement contains statements which are, or may be deemed to be, "forward-looking statements" which are prospective in nature.  All statements other than statements of historical fact are forward-looking statements.  Generally, words such as "expect", "anticipate", "may", "could", "should", "will", "aspire", "aim", "plan", "target", "goal", "ambition", "intend" and similar expressions identify forward looking-statements.  By their nature, these forward-looking statements are subject to a number of known and unknown risks, uncertainties and contingencies, and actual results and events could differ materially from those currently being anticipated as reflected in such statements.  Factors which may cause future outcomes to differ from those foreseen or implied in forward-looking statements include, but are not limited to: general economic conditions and business conditions in Serco's markets; contracts awarded to Serco; customers' acceptance of Serco's products and services; operational problems; the actions of competitors, trading partners, creditors, rating agencies and others; the success or otherwise of partnering; changes in laws and governmental regulations; regulatory or legal actions, including the types of enforcement action pursued and the nature of remedies sought or imposed; the receipt of relevant third party and/or regulatory approvals; exchange rate fluctuations; the development and use of new technology; changes in public expectations and other changes to business conditions; wars and acts of terrorism; cyber-attacks; and pandemics, epidemics or natural disasters.  Many of these factors are beyond Serco's control or influence.  These forward-looking statements speak only as of the date of this announcement and have not been audited or otherwise independently verified.  Past performance should not be taken as an indication or guarantee of future results and no representation or warranty, express or implied, is made regarding future performance.  Except as required by any applicable law or regulation, Serco expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward looking statements contained in this announcement to reflect any change in Serco's expectations or any change in events, conditions or circumstances on which any such statement is based after the date of this announcement, or to keep current any other information contained in this announcement.  Accordingly, undue reliance should not be placed on the forward-looking statements.

LEI code: 549300PT2CIHYN5GWJ21

 

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