Brief: Q-Free: Traffic Management Frame Agreement Extension In UK

Q-Free ASA

21/09/2022 08:28

Sept 21 (Reuters) - Q-Free ASA  QFR.OL :
    * TRAFFIC MANAGEMENT FRAME AGREEMENT EXTENSION IN THE UK -
POTENTIAL FOR 88 MNOK SALES
    * RECEIVED A 3-YEAR FRAME AGREEMENT FOR DELIVERING TRAFFIC
COUNTING SYSTEMS AND RELATED SERVICES TO DEPARTMENT FOR
TRANSPORT IN UK
    * CUSTOMER HAS OPTIONS TO EXTEND DURATION OF CONTRACT BY 1+1
YEARS
    * CONTRACT HAS AN EXPECTED VALUE OF 88 MNOK INCLUDING
OPTIONS,
IMPLYING ANNUAL SALES OF AROUND 18 MNOK

Source text for Eikon:  ID:nObiwP7MWa 
Further company coverage:  QFR.OL 

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