- Release Date: 27/04/12 16:10
- Summary: GENERAL: DOW: Downer wins Auckland Council contracts worth over NZ$224m
- Price Sensitive: No
- Download Document 2.31KB
DOW 27/04/2012 14:10 GENERAL REL: 1410 HRS Downer EDI Limited GENERAL: DOW: Downer wins Auckland Council contracts worth over NZ$224m Media/ASX and NZX Release 27 April 2012 DOWNER WINS AUCKLAND COUNCIL CONTRACTS WORTH OVER NZ$224M Downer EDI Limited (Downer) announced today that it has been awarded a series of contracts by Auckland Council and Auckland Transport (a council controlled organisation) for road maintenance, open space management (OSM) and facilities maintenance. The road maintenance contract is valued at NZ$130 million over four years and will provide road maintenance services across Auckland Transport's south western region. The contract term can be extended for two years plus a further two years giving the contract a potential value of NZ$260 million. Auckland Council has also awarded Downer OSM contracts covering all park, playground and sports field maintenance for South Auckland rural and urban areas. These contracts are worth NZ$70 million over five years and have extensions of three years plus a further two years giving a total potential value of NZ$140 million. The Facilities Maintenance contract from Auckland Council is worth a total potential value of NZ$24 million over three years, with the option to extend for a further four years. It incorporates electrical, plumbing, carpentry and mechanical services. This includes air conditioning for a wide range of buildings, from council offices to community facilities and residential properties. All of these contracts confirm Downer as a key supplier to the wider Auckland Council. Auckland Council is the largest in New Zealand after its formation from the Auckland Regional, Rodney District, Franklin District, Papakura District, Manukau City, Waitakere City, North Shore City, and Auckland City Councils. 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, Communications, Water and Property sectors across Australia, New Zealand and the Asia Pacific region. End CA:00222281 For:DOW Type:GENERAL Time:2012-04-27 14:10:08
- Forums
- NZX - By Stock
- DOW
- Ann: GENERAL: DOW: Downer wins Auckland Council c
Ann: GENERAL: DOW: Downer wins Auckland Council c
Featured News
Add DOW (NZSX) to my watchlist
|
|||||
Last
48.4¢ |
Change
0.000(0.00%) |
Mkt cap ! n/a |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
DOW (NZSX) Chart |
Day chart unavailable
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online