DOW
30/05/2014 14:30
GENERAL
REL: 1430 HRS Downer EDI Limited
GENERAL: DOW: DownerMouchel awarded West Zone ITS Maintenenance Contract
Media/ASX and NZX Release
30 May 2014
DOWNERMOUCHEL AWARDED WEST ZONE ITS MAINTENANCE CONTRACT
Downer EDI Limited (Downer) announced today that Roads and Maritime Services
has awarded the DownerMouchel joint venture an Intelligent Transport System
Maintenance Contract for the Metro West Zone area.
The contract involves the planning, design and delivery of programs of
maintenance and improvement of over 1400 traffic signals, 150 variable
message signs, and over 1000 other ITS assets across the western areas of
Sydney and regional areas of New South Wales.
DownerMouchel will mobilise immediately in preparation for the contract,
which is scheduled to commence on 1 October 2014. The term of the contract is
five years, with an option for extension to seven years.
The value of the contract is approximately $15 million per year.
DownerMouchel is a 50:50 joint venture between Downer and Mouchel, a UK-based
international infrastructure and business services group. DownerMouchel also
operates the Sydney West and North Zone SMC, three Integrated Service
Arrangements for Main Roads Western Australia, and a Road Asset Management
Contract for Transport and Main Roads in Queensland.
The Chief Executive Officer of Downer, Grant Fenn, said Downer was delighted
to have been awarded the ITS Maintenance contract.
"Downer is a leader in road infrastructure services in Australia and New
Zealand, maintaining more than 40,000 kilometres of roads across Australia
and more than 32,000 kilometres across New Zealand. We are also extensively
involved in ITS maintenance." Mr Fenn said.
"This new ITS Maintenance Contract builds on the NSW Stewardship Maintenance
model and represents the evolution of the road infrastructure market in
Australia from pure road maintenance to intelligent network management. We
look forward to working with Roads and Maritime Services to deliver efficient
management solutions for the ITS assets in the Sydney West and regional NSW
areas."
For further information please contact:
Michael Sharp, Group Head of Corporate Affairs and Investor Relations +61
439 470145
Luke Thrum, Manager Investor Relations +61 459 828720
Downer EDI Limited (www.downergroup.com) provides comprehensive engineering
and infrastructure management services to the public and private Minerals &
Metals, Oil & Gas, Power, Transport Infrastructure, Telecommunications, Water
and Property sectors across Australia, New Zealand and the Asia Pacific
region.
End CA:00251075 For:DOW Type:GENERAL Time:2014-05-30 14:30:05
(20min delay)