Adneo Ltd Joins TAFE SA Supplier Panel for Three Year Education Content Work
Catapult Education secured on TAFE SA supplier panel for three years
AdNeo (ASX: AD1) has confirmed that its wholly owned education subsidiary, Catapult Education, has been appointed to a three-year Standing Offer Arrangement (SOA) by TAFE South Australia (TAFE SA), with three additional one-year extension options running through to December 2031.
The arrangement establishes Catapult Education as an approved supplier of vocational education content development services supporting TAFE SA’s training delivery, including its Early Childhood Education and Care (ECEC) and National Security Centres of Excellence.
Under the SOA, work will be awarded on a project-by-project basis, with initial project work expected to commence during 1H FY27. The arrangement carries no minimum revenue commitment and no guaranteed volume of work.
Key terms of the appointment include:
- Three-year term commencing immediately and running to 31 December 2028
- Three x one-year extension options, extending potential engagement to December 2031
- Reference No: 2024/2025-0188, awarded following a competitive Request for Proposal (RFP) and Best and Final Offer (BAFO) process
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What the Standing Offer Arrangement actually means
A Standing Offer Arrangement is an approved-supplier framework. Rather than a fixed-value contract, it establishes a panel from which TAFE SA may procure services over the term of the arrangement.
Under the framework, TAFE SA issues project briefs and invites quotations. For each engagement, Catapult submits a project plan and a fixed-price quote, with work awarded and delivered as individual project parcels throughout the contract term.
The SOA spans two service categories:
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Generic Content Writing Services — development of learning and assessment resources across a broad range of VET qualifications and units of competency.
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Specialised Content Writing Services — development of bespoke resources in support of the ECEC and National Security Centres of Excellence.
For investors, panel appointments of this kind provide recurring pipeline access to a major government buyer. That access is meaningful, but revenue remains dependent on the number and value of individual projects awarded. As the announcement notes, the SOA “does not include a minimum revenue commitment or guaranteed volume of work.”
The government funding backdrop
The opportunity is underpinned by significant public investment. TAFE SA has secured approximately $56 million in combined Federal and South Australian Government funding to establish National Centres of Excellence in ECEC and National Security.
These Centres form part of the Australian Government’s broader TAFE Centres of Excellence initiative, established under the National Skills Agreement to strengthen Australia’s vocational education capability in priority industries.
Importantly, this funding belongs to TAFE SA and does not flow directly to AdNeo as revenue. It represents the backdrop against which project opportunities may arise. TAFE SA is South Australia’s largest provider of vocational education and training and was recognised as Australia’s 2024 Large Training Provider of the Year, making the relationship a strategically important government connection for AdNeo.
Why the win validates AdNeo’s acquisition strategy
The appointment aligns with AdNeo’s strategy of building an education and workforce technology platform. Catapult Education joined the group through the acquisition of Learnt Group in August 2025, a transaction that added more than 600 clients, approximately 5,000 units of competency, and one of Australia’s largest libraries of accredited vocational education content.
According to the company, the TAFE SA appointment provides further evidence of the strategic rationale behind that acquisition and demonstrates Catapult’s capability to secure significant government education opportunities.
The company outlined four reasons the appointment carries strategic significance.
| Capability | Why it matters |
|---|---|
| Deep domain expertise: 35+ years of VET content development and a library of 1,800+ units of competency | Positions Catapult and Aspire as one of Australia’s most experienced providers of ECEC vocational learning resources, supported by a 15-year co-design industry partnership |
| South Australian presence: Edwardstown base for 20+ years | Directly supports the SA Government’s Industry Participation Policy |
| Proven government delivery track record | Prior large-scale content development for major national universities, the Federal Government, State Governments and TAFEs |
| End-to-end capability across the group: Catapult, Aspire (Content as a Service), Vasto, Smallprint, Art of Mentoring and Learnt | Offers TAFE SA an integrated education capability spanning learning technology, student management, print, mentoring and data analytics |
CEO Commentary
“This contract demonstrates our business maturity and commercial execution working as planned, following our clear strategy. AdNeo can demonstrate 30+ years of capabilities and expertise, spanning multiple technologies and innovative services in Education, Enterprise and Government sectors. I congratulate the team on the result, and we look forward to partnering with TAFE SA to deliver the highest quality outcomes for the Centres of Excellence,” said Angus Washington, CEO of AdNeo.
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The broader pipeline and what comes next
Beyond the TAFE SA appointment, AdNeo reports an active tender pipeline exceeding $6 million across more than 20 submissions, weighted toward government, enterprise, TAFE and university clients. This pipeline figure is distinct from the TAFE SA arrangement and reflects the company’s broader business development activity.
The QHRC contract win through Aspire by Catapult, AdNeo’s second engagement with the Queensland Human Rights Commission, provides a separate data point that the group’s government-focused pipeline is converting beyond a single client relationship.
Management is targeting disciplined conversion of this pipeline throughout FY27, with outcomes dependent on tender timing, client decisions and successful delivery.
Next-step milestones for the TAFE SA relationship include:
- Initial project work expected to commence in 1H FY27
- SOA term running to 31 December 2028, with extension options to December 2031
- Ongoing project-by-project awards to be disclosed where materially required under continuous disclosure obligations
The appointment is consistent with AdNeo’s broader strategy of growing its presence across government, enterprise and education markets, building on the capability assembled through its group of complementary education businesses.
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