Outsourcing specialist Serco Group has been selected as preferred bidder for a new contract to provide community health services for NHS Suffolk. The contract, which is expected to be signed in the coming months and is due to start in Autumn 2012, has a total estimated value of £140m to Serco over three years.Under the contract, Serco and its partners will provide a wide range of community health services which include community nursing, specialist nursing, management and operation of community hospitals, speech and language therapy, specialist children's services and community equipment services. Christopher Hyman, Chief Executive of Serco Group, said: "By bringing together best in class partners, we believe that we have created an integrated model of service delivery that empowers clinicians, puts the patient at the heart of the service and will make community health in Suffolk a truly exemplary service. This contract adds to our portfolio of services in the rapidly growing global health sector." Despite the win the stock was down 0.18% to 546.50p. NR