DOWNER AWARDED $800 MILLION IN ROAD MAINTENANCE CONTRACTS
Downer EDI Limited (Downer) today announced it had been awarded two road maintenance contracts by Auckland Transport, valued at approximately $800 million over a maximum term of 10 years.
The contracts commence on 1 July 2022, with initial five-year terms plus five-year extension options.
Downer will act as stewards of Auckland Transport’s Central network and North Rural network, delivering maintenance and renewal activities and emergency repairs.
The contracts expand Downer’s strong working relationship with Auckland Transport, which includes the delivery of the award-winning Downtown Program.
The Chief Executive Officer of Downer, Grant Fenn, said Downer is the leader in road maintenance services in Australia and New Zealand.
“Downer maintains 28,000 kilometres of roads across Australia and 25,000 kilometres across New Zealand,” Mr Fenn said.
“Downer has been maintaining roads in Auckland for more than 30 years, and we look forward to continue working closely with Auckland Transport to deliver reliable road networks to ensure efficient and safe journeys.”
The Chief Executive Officer of Downer New Zealand, Steve Killeen, said the contracts were an opportunity to deliver positive social and sustainable outcomes for Downer’s customers and communities.
“Our collaborative relationship with Auckland Transport has given Downer the opportunity to continually improve and develop our services. We’re committed to making a positive impact on the communities we serve by delivering high-performing, sustainable and reliable solutions,” Mr Killeen said.
Authorised for release by Downer’s Chief Executive Officer, Grant Fenn.
About Downer
Downer is the leading provider of integrated services in Australia and New Zealand and customers are at the heart of everything it does. It exists to create and sustain the modern environment and its promise is to work closely with its customers to help them succeed, using world-leading insights and solutions to design, build and sustain assets, infrastructure and facilities. For more information visit downergroup.com.
For further information please contact:
Media: Mitchell Dale, Group Manager Corporate Affairs +61 448 362 198
Investors: Adam Halmarick, Group Head of Investor Relations +61 413 437 487
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