TIDMSPA
RNS Number : 2061U
1Spatial Plc
01 April 2021
1 April 2021
1Spatial plc
("1Spatial", the "Group" or the "Company")
Multiyear contract with Department for Environment, Food and
Rural Affairs (Defra)
A recurring managed service enabling Defra and the Rural
Payments Agency to deliver its current Basic Payments scheme and be
an integral part of the transition to a new Environmental Land
Management Scheme as part of the UK Government's 25 year
Environment Plan
1Spatial, a global leader in Location Master Data Management
(LMDM) software and solutions, is delighted to announce that,
following a competitive tender and in collaboration with Version 1
(a global leader in IT services and solutions), it has signed a
multiyear contract with Defra to provide a managed service for
Rural Payments Agency's (RPA) Customer Portal and Land Management
System (LMS).
The contract will enable Defra and RPA to deliver its Basic
Payment schemes and transition to their new Environmental Land
Management Scheme (ELMS) as part of the UK Government's 25 year
environment plan and commitment to net zero emissions by 2050.
The total potential contract value over five years for 1Spatial
is in excess of GBP0.9 million. The first three years being GBP0.6m
(GBP0.2m recurring revenue per annum) and Defra has an option to
extend for a further two years for GBP0.3m. This contract follows a
previous contract held by both 1Spatial and Version 1 providing a
managed service for ongoing support and maintenance for the
system.
In addition, and importantly, this new contract enables 1Spatial
to engage with RPA on a time and materials basis to assist on
related projects including evolving Defra's LMS and Future Farming
and Environmental Land Management Scheme.
1Spatial has worked with RPA over the past five years to support
and develop its Land Management System (LMS), an ecosystem of
components, including 1Spatial's 1Integrate software. The LMS is
RPA's key control system used as a remote sensing monitoring tool
and to master the land registration data used for subsidy scheme
validation and agricultural policy implementation.
ELMS aims to improve the quality of farming and the economic
performance of the sector, whilst delivering environmental public
good, as set out in the UK Government's 25 year plan and commitment
to net zero emissions by 2050. With over GBP2 billion of payments
paid to farmers, land managers and food producers each year in
direct aid and rural development, based on the application of
geospatial information, support, maintenance and development of the
LMS is critical to the future of ELMS.
Commenting on the contract award, 1Spatial CEO, Claire
Milverton, said: "We are delighted to build on our work with Defra
and Rural Payments Agency on their Land management System and to be
an integral part in the important transition of developing their
Environment Land Management Scheme in response to Defra's
agricultural transition plan which is part of the UK Government's
commitment to net zero emissions by 2050.
"The contract highlights the world leading geospatial
capabilities of 1Spatial, enabling RPA to use 1Spatial's unique
software and expertise to master their land registration data used
for subsidy scheme validation and agricultural policy
implementation."
The information contained within this announcement is deemed by
the Company to constitute inside information as stipulated under
the Market Abuse Regulation (EU) No. 596/2014 as amended by The
Market Abuse (Amendment) (EU Exit) Regulations 2019.
For further information, please contact:
1Spatial plc 01223 420 414
Claire Milverton / Andrew Fabian
Liberum (Nomad and Broker) 020 3100 2000
Neil Patel / Cameron Duncan / Ed Phillips
/ Miquela Bezuidenhoudt
Alma PR 020 3405 0205
Caroline Forde / Justine James / Molly Gretton 1spatial@almapr.co.uk
1Spatial plc's LEI Number is: 213800VG7OZYQES6PN67
About 1Spatial plc
1Spatial plc is a global leader in providing Location Master
Data Management (LMDM) software and solutions, primarily to the
Government, Utilities and Transport sectors. Our global clients
include national mapping and land management agencies, utility
companies, transportation organisations, government and defence
departments.
Today - as location data from smartphones, the Internet of
Things and great lakes of commercial Big Data increasingly drive
commercial decision-making - our technology drives efficiency and
provides organisations with confidence in the data they use.
We unlock the value of location data by bringing together our
people, innovative solutions, industry knowledge and our extensive
customer base. We are striving to make the world more sustainable,
safer and smarter for the future. We believe the answers to
achieving these goals are held in data. Our 1Spatial Location
Master Data Management (LMDM) platform incorporating our 1Integrate
rules engine delivers powerful data solutions and focused business
applications on-premise, on-mobile and in the cloud. This ensures
data is current, complete, and consistent through the use of
automated processes and always based on the highest quality
information available.
1Spatial plc is AIM-listed, headquartered in Cambridge, UK, with
operations in the UK, Ireland, USA, France, Belgium, Tunisia and
Australia.
For more information visit www.1spatial.com
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