Journeo Share News (JNEO)

(Sharecast News) - Transport technical and information systems company Journeo has been awarded a framework agreement with Crown Commercial Service, it announced on Friday.
The AIM-traded firm said the framework had an initial two-year term, with the option for an extension of up to two additional years.

It said the framework would allow Journeo to be considered for call-off contracts and direct catalogue-style purchasing.

That would provide a procurement route for local authority and government organisations in England, and the devolved administrations in Wales, Scotland and Northern Ireland, to place orders directly for transport and pedestrian control, transport data services and sustainable transport technologies.

Crown Commercial Service is an executive agency and trading fund of the Cabinet Office of the UK government, responsible for managing the procurement of common goods and services, increasing savings for the taxpayer by centralising buying requirements, and leading on procurement policy on behalf of the government.

"Securing a place on the TTAS framework was an important objective as we were not on the predecessor framework, where we supplied over £4m of our technology through tier-1 framework holders," said chief executive officer Russ Singleton.

"TTAS provides local authorities and government organisations direct access to our cloud-based bus, rail and coach applications; and our low-power, off-grid passenger information systems."