Cyprus Treasury signs contract for new hourly personnel payroll system

On October 16, 2026, the General Treasury of the Republic of Cyprus signed a contract with Logicom Solutions Limited to implement, maintain, and operate an integrated information system for the payroll and provident fund management of hourly government personnel. The agreement, secured through an open competitive tender, is valued at 1,863,240 euros and has a scheduled implementation duration of 17 months.

The new system is designed to modernize public financial management by ensuring the accurate and timely payment of salaries and benefits. It will feature an electronic platform that provides hourly employees with direct access to their salary details, earnings records, and benefit entitlements. Additionally, the platform will enable staff to submit applications online and update personal information, such as bank account details, directly through the portal.

This initiative aligns with the Treasury's broader strategic goal to enhance transparency, reliability of fiscal data, and overall service quality through digital transformation. The project is expected to increase operational efficiency across various public service departments by streamlining compensation processes and reducing manual administrative tasks.