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£39m Contract with DEFRA

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TPXimpact Holdings PLC has secured a significant 4-year contract valued at £39 million with the Department for Environment, Food and Rural Affairs (DEFRA) for Service Type 3 - Product Development under DEFRA's new Digital, Data and Technology (DDaT) "Capability as a Service" resourcing model. This strategic award, following a competitive tender, builds upon TPXimpact's existing role within the department and is expected to positively impact the company's financial performance and market position.

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TPXimpact Holdings PLC (AIM: TPX), a leading technology-enabled services company focused on people-powered digital transformation, is pleased to announce that it has been selected as the successful bidder for a £39 million, 4-year contract with the Department for Environment, Food & Rural Affairs (DEFRA).

Following a competitive tender process, the Company has been awarded the Service Type 3 - Product Development lot under DEFRA's new Digital, Data and Technology (DDaT) "Capability as a Service" (CaaS) resourcing model. This strategic award builds upon TPXimpact's existing position as an incumbent provider for User-Centred Design (UCD) roles within the department.

Bjørn Conway, Chief Executive Officer of TPXimpact, commented:

"This award with DEFRA is of significant strategic importance and places TPXimpact at the heart of the UK's environmental and rural digital agenda. It reflects the department's trust in our ability to deliver at scale on complex, nationally critical programmes. Our work will not only improve service delivery for farmers and citizens but will also play a tangible role in achieving national sustainability goals. This win is a clear endorsement of our people and our role in delivering digital services that have a lasting, positive impact on our planet and society."

Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.

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