Market News

States of Guernsey selects EU Supply procurement platform

31/10/2018 12:30

(Sharecast News) - Electronic procurement software provider EU Supply announced on Wednesday that the States of Guernsey had entered into an agreement to license its 'CTM' service platform as a software-as-a-service package, with support and related services. The AIM-traded firm said CTM would become Guernsey's national electronic procurement service. It said the contract was awarded following a competitive tendering process, with the award criteria including ease of use, breadth and depth of functionality and speed of implementation. EU Supply's CTM platform would go live early in 2019. "This contract is of particular significance to the company as it highlights demand for CTM - an advanced competitive tendering service platform - also from a jurisdiction outside of the EU and the European Economic Area," said EU Supply chief executive officer Thomas Beergrhen.

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