Joint venture combines to hand PrimeQ NSW cloud deal

Joint venture combines to hand PrimeQ NSW cloud deal

Software specialist to use cloud technology to help reduce litter in New South Wales.

Andrew McAdams - CEO, PrimeQ

Andrew McAdams - CEO, PrimeQ

PrimeQ has been appointed by a joint venture of major Australian beverage suppliers to build the IT that will support New South Wales’ Container Deposit Scheme.

The NSW Government is introducing a 10-cent refund container deposit scheme, the goal of which is to significantly reduce litter across the state.

A joint venture of five Australian beverage companies recently won the NSW Government tender to coordinate the Scheme, tasking PrimeQ to use cloud technology to help reduce litter across the state.

Exchange for Change joint venture partners include Asahi Beverages, Carlton & United Breweries, Coca-Cola Amatil, Coopers Brewery and Lion, collectively selling more than three-quarters of the containers eligible for a refund under the Scheme.

As Scheme Coordinator, Exchange for Change will oversee management of the new recycling system, ensuring the flow of funds from deposits collected by beverage suppliers back to consumers, via the network operator, when they return their containers to collection points.

PrimeQ CEO Andrew McAdams said the business would build the IT to support this role and ensure it meets the needs of venture partners and the NSW Government.

“PrimeQ is pleased to play a critical role in what is the single largest initiative ever undertaken to reduce litter in NSW,” he said. “Our appointment by Australia’s largest and best known beverage suppliers is a major vote of confidence in PrimeQ.

“It is testimony to the strength of our business and expertise of our team. It also recognises the speed with which these programs can bring benefits to customers.

“PrimeQ’s work with Exchange for Change will include building from scratch a bespoke portal in the Cloud that will allow beverage suppliers and the network operator to input the Scheme’s data requirements.”

McAdams said Oracle ERP Cloud will be used to manage the payments and running of the business, alongside the implementation of ongoing annuity protection for the Scheme’s financial system.

“Throughout the competitive tendering process, PrimeQ demonstrated a strong understanding of the Scheme concept and the information technology required for its delivery,” Exchange for Change project director Jeff Maguire added.

“As Scheme Coordinator, Exchange for Change will act – amongst other things – as a financial clearing house. PrimeQ presented a solution that fulfils our audit requirements and will maintain the Scheme’s integrity and compliance.”

Maguire said the NSW Container Deposit Scheme will launch in December 2017.

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