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UK company inks two supply deals worth £55 million

UK company inks two supply deals worth £55 million

September 21, 2011

XMA, based in Nottingham in the UK, has been awarded two procurement contracts worth a sum total of £55 million (€62.8 million/$86.7 million).

The first of the contracts is with the UK government, and should be worth £40 million (€45.7 million/$63 million) per year for the company, whilst the second is with two educational boards; the London Universities Purchasing Consortium (LUPC) and the National Working Party for Computer Supplies and Stationery (NWPCSS), worth around £15 million (€17.1 million/$23.6 million) yearly.

The two deals are primarily concerning computer consumables, such as printer cartridges, as well as electronic office supplies, and are expected to run for four years, potentially netting the company over £220 million (€251.7 million/$347.2 million) over the duration of the contract.

Andy Davies, director of LUPC, said: “LUPC recognises the exceptional standard of service plus significant and sustainable cost-savings XMA can offer to the public sector.

“The major challenge is to reduce costs while also improving the quality of supplies for our member institutions and we’re delighted to be working in conjunction with XMA to achieve that mission.”

Categories : City News

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