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Softcat gets paws on £81m Azure deal

Three-year deal with HMRC bagged through TePAS 2

Oxygen staff by Oxygen staff
24 June 2024
in Partner, Deal Wins, News
Softcat entrance
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Softcat has bagged an £81.5m deal with HMRC for the provision of Microsoft Azure services.

The deal, which is for an initial three-year term with the option to extend for a further 12 months, was won through Lot 3 of the TePAS 2 framework.

Softcat was one of 172 IT suppliers to win spaces on TePAS 2 last October.

The public sector mega-framework had an estimated £12bn purse.

Although Softcat scored a berth on Lot 3 (Software), the Marlow-based reseller giant was conspicuous by its absence on Lots 1 and 2 covering hardware/software/associated services and hardware, respectively.

Softcat CEO Graham Charlton characterised Softcat’s position across public sector frameworks as “as strong as anyone in the market”, “so we have a good chance of mitigating some of the impact of not being on those Lots”, however.

The LSE-listed outfit, which topped the recent Oxygen 250, saw gross invoiced income advance 4% to £1.26bn in its fiscal first half ending 31 January 2024.

Market conditions and trading in Q3 “remained consistent with the first half”, Softcat added in a trading update at the end of May.

Tags: featuredMicrosoft AzureSoftcat
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