Intellinetics Secures Record $40 Million Contract for Document Scanning Services

Reuters
2025/06/02
Intellinetics Secures Record $40 Million Contract for Document Scanning Services

Intellinetics, Inc. has secured the largest contract in the company's history, estimated at $40 million, for a five-year period starting June 1, 2025. The contract, awarded by a long-term customer, involves document scanning and micrographic conversion services. Revenue from this contract will be recognized as the work progresses over the contract's duration, which extends until May 31, 2030, with the option for an additional five-year extension. This significant achievement underscores Intellinetics' expertise in digital transformation solutions and positions the company for sustained growth. The contract was awarded after a competitive evaluation process, assessing quality assurance, security, and service capabilities. The total contract value is based on the customer's procurement budget but may be subject to adjustments.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Intellinetics Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250602527259) on June 02, 2025, and is solely responsible for the information contained therein.

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