Cormorant Paper — Shared-user warehousing, SA

Won

$4.9m p.a. · 3 years · submitted Sep 2025

Model margin
6.8%
Contract value
$4.9m
per annum
Term
3 years
Submitted
Sep 2025

Summary

Shared-user warehousing and metro delivery for packaged paper products out of the Adelaide campus.

Outcome — Won on shared-user pricing with a 96% volume floor and quarterly true-up — the clause later held through a customer downturn.

Implemented contract

Cormorant PaperShared-user warehousing, SAAhead8.9% actual vs 6.8% modelView actuals