Share Dealing
Capita awarded £100m DVLA contract
Rob Langston, 20 June 2011
Capita (CPI.L) has won a five-year vehicle tax and insurance evasion on road enforcement contract from the Driver and Vehicle Licensing Agency (DVLA).
The services provider will provide a national vehicle excise duty service with provision for a continuous insurance enforcement service.
The five-year contract, which has an option to extend for a further two years, has an estimated value of £100 million.
The group will manage vehicle excise duty and continuous insurance enforcement notifications and immobilise, remove, store and dispose of unclaimed vehicles.
Paul Pindar, chief executive of Capita, said the contract was part of the DVLA's commitment to reducing the level of vehicle tax and insurance evasion.
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