Perth-based IT services provider, ASG Group (ASX:ASZ), has landed itself another Federal Government contract, following the recent score of a $9 million managed services contract with the Victorian Department of Education and Training (DET).
The company continues to consolidate its Federal Government footprint, re-signing a new contract with the Department of Infrastructure and Regional Development for up to $23.8 million.
The five-year deal, with further options for up to three years, will see ASG deliver the governing body with infrastructure services, in addition to desktop services and end-to-end service management across the department’s ICT environment.
ASG have been providing the department with managed services for more than seven years.
ASG CEO, Geoff Lewis, said this contract solidifies its position as a premier provider of desktop and infrastructure services for the Federal Government.
“ASG’s track record delivering high-quality managed services, together with our innovative new world solutions continue to demonstrate and deliver real benefits and value for money for our Federal Government customers,” he said.
Lewis added that this re-sign of an existing client is a further example of the strength of ASG’s new world managed service business model, contributing to ASG’s locked-in, annuity revenue base for a further five years.
The company has been on a deal spree, having recently inked a five-year Cloud contract with the Federal Department of Communications (worth $18 million), and also revealed it has signed more than $200 million worth of deals in FY’15.
ASG has also been engaged in contract deals with the Department of Transport and the Department of Trade, Investment, Regional Infrastructure and Services, as well as Biosecurity NSW. In addition, it has built up significant traction within the utilities sector, securing deals with Western Power and Synergy Energy in WA, amongst others.
At the time of publication, ASG Group shares were trading at $0.97.