23 September 2016 | Herpreet Kaur Grewal

Serco Group has been named preferred bidder for the Barts Health NHS Trust soft facilities management services tender. 

Barts Health, which covers the City of London and East London, is the largest NHS trust in England.

The trust’s procurement has an estimated total value of up to £600 million over a potential 10-year term. 

There is currently a mandatory standstill period following the appointment decision, according to a Stock Exchange announcement. 

Following expiry of the standstill period, the two parties will finalise the terms of the contract in readiness for signature.

Serco is to take over responsibility for soft FM services from Carillion, which had been awarded a 22-month extension to its deal in 2014.

In March, Barts renewed its waste management contract with Skanska for a further five years.