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Outsourcer Capita gets $464 million extension for TfL contracts

(Reuters) - British outsourcing group Capita Plc CPI.L said on Monday that it has received extensions to its contracts with Transport for London (TfL) to October 2026 for 355 million pounds ($464 million).

The company said one contract is to continue managing London’s congestion charge, low-emission zone and ultra-low-emission zone for TfL, which runs the city’s underground subway system and bus network from from October 2021 to October 2026, while another is for a new work.

(This story corrects headline, paragraphs one and two to say the deal included “two” contracts, not “one”, with TfL)

Reporting by Pushkala Aripaka in Bengaluru; Editing by Amy Caren Daniel

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