8common Limited announced that it has received a significant contract under the Australian Government GovERP deed. Highlights: Initial $542k (inc-GST) contract from the Australian Government under the recently signed GovERP program. The contract commences the work packages under the GovERP and is for the initial design and delivery phases of the roll out of the program, with work to be carried out though to the end of March 2022. Revenue from the contract will be recognised in the second quarter and third quarter of fiscal 2022. Expense8 was selected as the exclusive travel and expense management solution for GovERP which will provide a common corporate platform for all non-corporate Commonwealth entities (NCCEs) and those corporate Commonwealth entities (CCEs) that have opted in (over 90 agencies with over 130K employees) The contract work will deliver a GovERP version of the Expense8 platform and will allow the fast track of Commonwealth entities on to the platform from mid CY22 onwards delivering an increase in ongoing transaction and SaaS recuring revenue 8CO, through Expense8, currently generate a Federal Government ARPU of $42 ($53 pre- covid) servicing approximately 20,000 employees across 27 agencies The GovERP platform enables the selection of Expense8 under a pre-selected panel of service providers. Expense8 will be the exclusive provider under the Travel and Expense Management Value Stream for the Shared Services Program which includes over 130k employees across 90 Government Entities.