Dec. 3 at 1:28 PM
$XBP $XELA
The Devil is in the details.
Region Uppsala had an estimated max of ~
$1.69M for this contract, yet XBP won by bidding just ~
$1.27M for the full two-year term.
The
$1.27M isn’t guaranteed — actual revenue depends on volumes and performance. When a contract is won purely on price and the final payout could land below the winning bid, the margin is razor thin or even nonexistent.
At least XBP gets to cram “agentic AI,” “proprietary automation technology,” “IDP,” “digital transformation,” and “cutting-edge solutions” into another press release.
The real buzzwords here are — razor-thin margins, volume-dependent revenue, lowest-price awards, uncertain contract value, and ongoing operational risk.
https://ted.europa.eu/en/notice/-/detail/713860-2025