The wholly owned subsidiary of the Company Trigyn Technologies, Inc., has been awarded a contract to provide General, Professional and Information Technology Staff Augmentation Services for the New York City Housing Authority (NYCHA). The contract is for a potential duration of (5) five years, October 1, 2021, through September 30, 2026 (Initial Term (3) three years with (2) two one-year options at NYCHA's discretion). The contract has a Maximum Fee of $50 Million Dollars and contains a provision at NYCHA's discretion to increase the Maximum Fee to $125 Million Dollars.
The award covers 143 Position Titles across the Labor Categories of General, Professional and Technical Information Technology Staff Augmentation Services.
This award facilitates the continued expansion of Trigyn's Public Sector business and presence in the region.
Trigyn also holds a contract with the U.S. General Services Administration (GSA) - Information Technology Schedule 70 - General Purpose Commercial Information Technology Equipment, Software and Services (GS-35F-139A) SIN 132-51 (Information Technology Professional Services). This contract vehicle covers a broad range of Labor Categories and enables Trigyn to respond to U.S. Federal as well as State and Local Government opportunities.
Shares of Trigyn Technologies Limited was last trading in BSE at Rs. 125.40 as compared to the previous close of Rs. 120.15. The total number of shares traded during the day was 42640 in over 932 trades.
The stock hit an intraday high of Rs. 129.25 and intraday low of 122.75. The net turnover during the day was Rs. 5389662.00.