Capita Plc - Capita awarded framework to supply Disabled Students' Allowance services

Capita Plc - Capita awarded framework to supply Disabled Students' Allowance services

PR Newswire

LONDON, United Kingdom, July 20

20 July 2023

Capita awarded framework to supply Disabled Students' Allowance services

Capita plc ('Capita') today announces it has been appointed under a framework agreement by the Student Loans Company (SLC) to supply needs assessments, assistive technology and assistive technology training for students in receipt of Disabled Students' Allowance (DSA).

Capita has been awarded two of four geographical lots for the first three years with the option to extend for a further two years to 2028. The total value of all four lots is c.£400m over five years.

Capita will supply DSA services for students funded through Student Finance England (SFE) and Student Finance Wales (SFW) in East England, the Midlands, London, Wales, as well as SFE and SFW-funded customers studying in Northern Ireland.

Capita has been supplying needs assessments for DSA since 2005. The SLC - the UK Government's non-profit making organisation which administers loans and grants to students in colleges and universities in the UK - is introducing a new operating model which will see Capita's scope of service significantly expanded under the new contract.

In a step-change in the way DSA is managed, Capita will provide a single point of contact for around 30,000 university students each year. This will range from carrying out initial needs assessment, to sourcing and delivering assistive technology - which includes laptops, specialist learning software, desks and chairs - and training students to use the technology and on-going after care.

Capita will deliver a digitally enabled, end-to-end customer experience portal to manage needs assessments, progress claims, and procure specialist technology. Students will benefit from a more seamless experience which will mean their needs are met more quickly, thanks to better value, higher quality equipment, software and training.

Al Murray, CEO for Capita Public Service, said: "We are incredibly proud to be able to continue to support students with mental and physical health conditions, long-term illness or any other disability through this new contract with the Student Loans Company.

"The contract builds on our successful delivery of DSA needs assessment over the last 18 years and reflects the strength and success of our long-term commitment to the education sector - and our record of delivery for the public sector.

"The new service will help level up education for university students in receipt of DSA, helping empower them and creating better learning outcomes, while removing barriers to much-needed specialist technology."

Notes to editors:

There is no IFRS 15 transaction price (order book) for this agreement as it is a framework with no committed volumes

For more information, please contact:

Investor enquiries
Helen Parris, Group Investor Relations
Tel: [phone]
Email: [e-mail]

Stephanie Little
Investor Relations Manager
Tel: [phone]
Email: [e-mail]

Media enquiries
Capita external communications
Tel: [phone]
Email: [e-mail]

About Capita plc

Capita is a leading provider of business process services, driven by data, technology and people. We are a purpose-led, responsible organisation. Every day our 50,000 colleagues help millions of people, by delivering innovative, digitally enabled solutions to transform and simplify the connections between government and citizens, businesses and customers. We partner with our clients and provide the insight and technologies that give time back, allowing them to focus on what they do best and making people's lives easier and simpler. We operate across three divisions - Capita Public Service, Capita Experience and Capita Portfolio - in the UK, Europe, India and South Africa. Capita is quoted on the London Stock Exchange (CPI.L). Further information can be found at: http://www.capita.com

---

---