Parity Group PLC Contract win (4352N)
February 01 2021 - 1:00AM
UK Regulatory
TIDMPTY
RNS Number : 4352N
Parity Group PLC
01 February 2021
1 February 2021
Parity Group plc
("Parity" or the "Group")
Parity wins contract with the Scottish Government R100
programme
Parity (AIM:PTY), the data and technology focussed professional
services company, today announces the award of a three year
contract with the Scottish Government. Parity has been appointed as
its Digital Technology Resources partner to support the delivery of
the Reaching 100% (R100) superfast broadband infrastructure
programme.
R100 builds on the Scottish Government's clear commitment that
every home and business across Scotland should be able to access
superfast broadband following achievement of its previous target to
ensure availability of fibre broadband access to at least 95% of
Scottish premises as part of the Digital Superfast Scotland
Broadband (DSSB) programme, to which Parity also provided digital
services.
Under this new contract Parity, which brings 45 years of data
and technology experience and skills, will provide a managed
service supplying Digital Technology skills for the R100
programme's Project Management Office and Deployment Management
function to ensure quick and efficient build-out of the superfast
broadband infrastructure.
The award represents a total opportunity of up to GBP5.0m over
the next three to six years for Parity strengthening the Group's
order book and providing further visibility to underpin its current
expectations for Group performance over the period.
Matthew Bayfield, CEO, commented:
"I am delighted to announce that the Scottish Government has
appointed Parity as Digital Technology Service partner for its R100
programme, which builds upon our successful work with them in the
past, including on the Digital Scotland Superfast Broadband
contracts (DSSB programme). This contract win is testament to our
deep expertise and experience in this area and our ability to
flexibly address the challenges facing major institutions as they
undergo digital transformations, providing us with further
confidence in our strategic focus and vision for the company.
--ENDS-
Contacts
Parity Group PLC www.parity.net
Matthew Bayfield, + 44 (0) 208
CEO 543 5353
Mike Johns, CFO
WH Ireland Limited www.whirelandcb.com
Mike Coe / Chris +44 (0) 117 945
Savidge 3470
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END
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