Serco wins £200m UK govt electronic monitoring contract
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UK government contractor Serco said it had won a £200m contract to deliver electronic monitoring services for the Ministry of Justice.
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The contract starts in May 2024 and will run for six-years. The value could rise to £275m if options to extend the contract for a further two one-year terms are exercised, Serco said on Wednesday.
Reporting by Frank Prenesti for Sharecast.com