CIMIC's UGL to be awarded $1.5bn Country Regional Network contract

23 February 2021

CIMIC Group’s UGL has been confirmed by Transport for NSW (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:

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.

 

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Source:  CIMIC - www.cimic.com.au

Date of Original:  12 February 2021

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