Downer awarded New Zealand road maintenance contract

GENERAL

Mon, Jul 03 2023 11:28 am

Media/ASX and NZX Release

3 July 2023

DOWNER AWARDED NEW ZEALAND ROAD MAINTENANCE CONTRACT

Downer EDI Limited (Downer) announced today it had been awarded a road maintenance contract by Hamilton City Council, valued at up to $540 million over a maximum term of 10 years.

The contract is for an initial five-year term, plus provisions for extensions of three years and two years.

Downer will partner with Hamilton City Council in the Collaborative Corridor Agreement to deliver a broad scope of works including asset management, surfacing and renewals for road corridors, footpaths, bridges, culverts, lighting and on-road cycle lanes across Hamilton in the Waikato region of New Zealand’s North Island.

Downer has a long relationship with Hamilton City Council dating back to the Hamilton Infrastructure Alliance which commenced in 2013. The Collaborative Corridor Agreement replaces the Hamilton Infrastructure Alliance and expands the scope of services delivered by Downer.

The Chief Executive Officer of Downer, Peter Tompkins, said Downer was pleased to be extending its collaborative relationship with Hamilton City Council.

“This contract strengthens our position as the market leader in road services, maintaining more than 50,000 kilometres of roads across Australia and New Zealand,” Mr Tompkins said.

“Downer will deliver reliable road networks to ensure efficient and safe journeys and also provide opportunities for local service providers and suppliers across the region.

“We look forward to continuing to work closely with Hamilton City Council on their Shape the City strategy, and to delivering on our shared sustainability goals.”

Authorised for release by Downer’s Chief Executive Officer

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:
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