Vault Intelligence Limited announced the extension and growth of the existing partnership between Vault and StateCover Mutual with a major five year contract extension. StateCover Mutual, an existing Vault customer, has extended their contract for an additional five years to 30 June 2025, generating a total contract value of approximately AUD 2.1 million over the period 1 July 2019 to 30 June 2025. Within this contract value, StateCover has committed funding for enhanced software services in fiscal year 2020 to further enhance Vault Enterprise and Vault Solo solutions, specifically addressing requirements in the local government vertical. Total commitment for fiscal year 2020 is AUD 727,000 of which AUD 324,000 is attributable to incremental CARR for fourth quarter. Full fourth quarter CARR result is being externally reviewed and will be released no later than the publication of the quarterly 4C. Ongoing commitments for enhanced software services and in addition to the contract will be negotiated on an annual basis. StateCover continues the rollout to NSW Local Government, with up to 121 Councils to use Vault Enterprise and Vault Solo to protect workers.