Essential reading for the healthcare business
 
 
Remember me:
Skip Navigation LinksHealthInvestor article
Serco withdraws bid from £1bn Cambridgeshire contact

Serco has become the latest bidder to drop out of the running for Cambridgeshire’s integrated older people’s services contract, worth up to £1 billion.

The outsourcing firm is the fourth of the 10 bidders who made it through the first round of the procurement process to drop out.

A consortium led by Capita, which included Circle and Cambridgeshire Community Services Trust, was the first to drop out. Since then Albion Care Alliance Community Interest Company and North Essex Partnership University Foundation Trust withdrew from the process too.

According to the Health Service Journal, bidders had been concerned that the value of the contract falls short by “tens of millions of pounds” of what is currently being spent on similar services.

Cambridgeshire & Peterborough Clinical Commissioning Group (CCG) said it was “very encouraged” by the conversations it was having with the remaining bidders.

Neil Modha, chief clinical officer of the CCG, said: “With such a large procurement it is not unexpected that some of the bidders have withdrawn.

“We’re using a two stage dialogue process to ensure that bidders from across the NHS and independent sectors understand what we want to achieve and are able to submit their best first stage proposals in January.

“The level of engagement from the remaining six bidders, and the quality of the dialogue has been very encouraging.”


Related articles:

Posted on: 28/11/2013

Latest news stories

18/04/2019
Less than half of the public are aware they can choose where they receive NHS-funded hospital treatment, according to a poll by Populus.
17/04/2019
Anchor Hanover has appointed energy, services and regeneration provider Engie as a strategic delivery partner, in a 10-year deal worth £80 million.
16/04/2019
Retirement living developer Birchgrove has launched a new rental-only retirement scheme in Sidcup, Southeast London.
16/04/2019
The Care Quality Commission has rated domiciliary care provider The Good Care Group as outstanding across the five categories it uses to assess performance.
16/04/2019
London-based health tech start-up Medbelle has secured just over $7 million (£5.4 million) in series A funding in a round led by signals Venture Capital.


Civica


HealthInvestor blog
With our politicians seemingly absent without leave, the UK desperately needs leadership in policy matters that influence investment decisions

Click here to view the HealthInvestor blog


Singapore’s Pan Pacific Hotel was the venue for HealthInvestor Asia’s February seminar on ‘Expansion strategies for ASEAN healthcare providers’.
A thespian and educator at home in a hazmat suit, with culinary prowess, an eye for improvement and a passion for caring for the elderly
In uncertain times, healthcare real estate remains a steady investment prospect. As the population ages and demand for modern care facilities continues to grow, Kenneth MacKenzie, founder and managing partner of Target Healthcare REIT, tells Marie Cahalane of the importance of a holistic approach to care delivery
Catherine Gooderham highlights some of the opportunities and challenges attracting various investors into a market with guaranteed funding – specialist care
Private equity-backed specialist provider Orbis Education & Care is proving popular with service users, families and commissioners by providing top-quality care in a challenging sector. Rob Munro talks to chief executive Mike Currier about what make this Welsh company such a success and its plans to expand into England

Click here to search all feature articles



Digital technology
The NHS App was supposed to be a gateway for patients to access primary care services and was seen as an opportunity for investors to engage with a health service eager to digitise. Things haven't quite gone to plan. HealthInvestor UK investigates
Read more


Christie + Co

my images



Blockchain

Blockchain is a disruptive force; its entry into the healthcare sector has been gradual, but has the potential to be transformational. Jeremy Bowden considers its implications and applications
Read more