Drury returned to manage the Daniels for the third time in November 2015. Officials at the Zeeco Stadium say he was offered a new deal to recognise his efforts trying to stave off relegation last season and the "Herculean" efforts he has put in since to build an exciting squad for the upcoming campaign despite seeing the Football Association reverse their decision to reprieve the Daniels from the drop.
In a statement on the EVO-STIK NPL First Division South club's website, Stamford chairman Bob Feetham backed Drury to take the club straight back up.
He said: "Graham shook of that bitter disappointment and is now fully targeted on winning us immediate promotion back to the NPL. It should also not be forgotten that when he arrived pre-Christmas, we were slipping further and further into trouble.
"He rescued a difficult position and, after New Year, achieved top ten levels of performance, shook off that awful home hoodoo and very nearly took us to safety."
He added: "That deserves this recognition and It also gives the club consistency. I congratulate Graham and wish him well for what I know will be a great season."
Image courtesy of Jack Whiteley/Stamford AFC
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