Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Transfield Services Secures Major Contract

27 May 2008

MEDIA RELEASE

Transfield Services Secures Major Wellington Roading Contract


Transfield Services New Zealand has secured a Wellington City Council contract to provide a full range of road services including paving, surfacing, road marking, street furniture and footpaths.

The three-year contract, which has a two year right of renewal, has a five year value of approximately NZ$40 million. It is an important win for the New Zealand business and provides Transfield Services with significant growth in the local authority urban roading maintenance market.

Transfield Services currently has several local body rural roading maintenance contracts for the Far North, Whangarei, Kaipara, Franklin and Thames Coromandel Councils, and had been looking to expand into the urban market.

“This new contract is strategically important to us as a business as it provides a solid foundation for more local body urban roading work throughout New Zealand,” says Transfield Services’ Infrastructure Executive General Manager, Mark Hopwood.

He also commented that three of the company’s recent roading business acquisitions were key contributors to the win, with their added resource base, technical capability and local relationships complementing Transfield Services’ existing experience in long-term roading maintenance contracts.

-Ends-

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Water: Farming Leaders Pledge To Help Make Rivers Swimmable

In a first for the country, farming leaders have pledged to work together to help make New Zealand’s rivers swimmable for future generations. More>>

ALSO:

Unintended Consequences: Liquor Change For Grocery Stores On Tobacco Tax

Changes in the law made to enable grocery stores to continue holding liquor licences to sell alcohol despite increases in tobacco taxes will take effect on 15 September 2017. More>>

Back Again: Government Approves TPP11 Mandate

Trade Minister Todd McClay says New Zealand will be pushing for the minimal number of changes possible to the original TPP agreement, something that the remaining TPP11 countries have agreed on. More>>

ALSO:

By May 2018: Wider, Earlier Microbead Ban

The sale and manufacture of wash-off products containing plastic microbeads will be banned in New Zealand earlier than previously expected, Associate Environment Minister Scott Simpson announced today. More>>

ALSO:

Snail-ier Mail: NZ Post To Ditch FastPost

New Zealand Post customers will see a change to how they can send priority mail from 1 January 2018. The FastPost service will no longer be available from this date. More>>

ALSO:

Property Institute: English Backs Of Debt To Income Plan

Property Institute of New Zealand Chief Executive Ashley Church is applauding today’s decision, by Prime Minister Bill English, to take Debt-to-income ratios off the table as a tool available to the Reserve Bank. More>>

ALSO: