Lancashire County Council has signed a 10-year contract with BT Global Services worth about £400 million, with the aim of achieving £100 million of savings over the lifetime of the deal.

Under the deal, A new private limited company called One Connect Limited will take over the running of ICT for the council and Lancashire schools, as well as back-office services for human resources, payroll, the customer service centre and procurement. One Connect Limited will operate as a subsidiary of BT. The council will have a 40% shareholding in the company, and BT will hold 60%.

Source: Computing

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