Ian Luder, chair of the finance committee, said:
'Liberata have delivered a first class service over recent years and we are delighted to extend the partnership until 2009. The way in which the corporation and Liberata work together is a model of an effective public-private partnership.
'Over the next five years, the partnership with Liberata will see significant investment in ICT including the implementation of new revenue and document management systems, as well as the rollout of mobile-technology for property inspections.'
Mark Holmes, managing director at Liberata, added:
'Liberata are delighted that our partnership with the city, worth more than£8m over five years, has been extended until 2009.
'The service levels delivered by the Liberata team for the city over recent years have been exceptional as demonstrated by the five successive years it has been ranked as the best revenue collection service in inner London.
'The partnership with the city again highlights that Liberata is leading the way in delivering partnership solutions with local government.'