ugl is back in town, page-4

Re-entered this afternoon as felt something was due. bingo..... a monster 8 year contract to run/maintain melbourne rail for a company in which UGL holds a 20%. this is a big contract which was ann after close of trade so should see a boost in SP tomorrow. Worth remembering that at any one time UGL have about 40-50 tenders submitted awaiting answers. Not surprising to see it get-up against the opposition as rail is company's speciality. Next are the tenders for Rudds infrastructure plans along with big spends in all the States.