EU Supply enters new framework agreement worth up to EUR 3.6m

E-procurement software provider EU Supply announced on Friday that it had entered into a new framework agreement with an existing, unnamed customer, for additional services to its ‘CTM’ platform.

The AIM-traded company said the agreement was for three years, with a further year at the customer's option, and had a total value of up to €3.6m.

It would allow the customer to call-off support and maintenance renewals as well as customer-paid enhancements during the length of the agreement, the board explained.

“The discussions with the customer on specific call-off orders for support and maintenance as well as customer-paid enhancements to be delivered in 2017 and 2018 are ongoing,” the statement read.