CSG now preferred bid for $60 million Victorian Government deal

CSG now preferred bid for $60 million Victorian Government deal

Four-year deal set to be signed within two to three weeks

ASX-listed services provider, CSG (ASX:CSV), has been awarded preferred tenderer status for a $60 million contract with the Department of Education and Early Childhood Development in Victoria.

CSG CFO, Kevin McLaine, told ARN a four-year contract to build the Victorian Ultranet would most likely be signed within the next 2-3 weeks.

"I've got a time frame to start on it immediately and a it will be fully implemented by the third quarter of the next financial year. Part of the contract is the ongoing maintenance, management and support of it," McLaine said.

The Victorian Ultranet will have an Oracle platform and be a centrally-hosted, web-based system accessible to Victorian students, parents and teachers.

According to the Victorian Department of Education, it will provide attendance records, report cards and other individualised data.

CSG also recently signed a three-year contract worth up to $3 million with the Western Australian Department of the Attorney General and the Department of Corrective Services to provide Strategic Management and IT project services.

Earlier this week, CSG axed 100 staff from its Canberra operations after the loss of several government tenders.

CSG took over a range of government contracts when it bought Commander’s managed services business in October 2008 that have subsequently been given to other service providers.

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