CIMIC's UGL to be awarded $1.5BN Country Regional Network contract
22 February 2021CIMIC Group’s UGL has been confirmed by Transport for New South Wales (TfNSW) as the successful bidder for the operation and maintenance of rail infrastructure for the Country Regional Network.
The 10-year agreement is expected to generate revenue to UGL in excess of $1.5 billion.
The contract includes:
network operations, including establishment of a new network control centre in regional NSW;
rail infrastructure maintenance and implementation of a new signalling system - UGL’s proprietary system, Sigview;
asset and property management; and
safety, access, performance, and environmental management.
CIMIC Group Executive Chairman and Chief Executive Officer Juan Santamaria said: “The Country Regional Network provides a reliable and sustainable rail network to safely transport passengers and goods across regional NSW. CIMIC and UGL are proud to support TfNSW to keep this essential service running across more than 2,300 kilometres of rail and we’re pleased to do so with a strong commitment to indigenous and regional employment.”
UGL Managing Director Doug Moss said: “This contract win solidifies UGL as the leading rail services company in Australia, by building on our extensive work across the NSW rail network and complementing the rail projects we manage in all other states and territories. We look forward to working with TfNSW on the safe and successful transition of the Country Regional Network contract over the coming months.”
Mobilisation will begin in early 2021 with UGL commencing operations in January 2022.
Related
-
Skanska wins three US contracts worth $436m
15 May 2024
-
Plans Presented For Lagos Water Transport Project
15 May 2024
-
Japan invests in biomass power plant in Yen Bai
15 May 2024
-
Australia to invest $15 billion in renewable energy, critical minerals
15 May 2024
-
CGM Power Tenders 50MW Zambia Solar Project
15 May 2024
-
Nicaragua to get an international airport for Managua
15 May 2024