CIMIC Group company UGL secures $630mn extension with Sydney Trains

By Daniel Brightmore
CIMIC Group, a part of Grupo ACS, has announced its company UGL has sealed a five-year extension to itscontract with Sydney Trains for the delivery of m...

CIMIC Group, a part of Grupo ACS, has announced its company UGL has sealed a five-year extension to its contract with Sydney Trains for the delivery of maintenance and logistics services for a portion of Sydney’s metropolitan passenger rail fleet. 

This five-year extension, effective from 1 July 2019, replaces the two-year extension announced on 30 January 2019, and will provide heavy maintenance, component overhaul and supply chain capabilities, coupled with engineering and depot-related support. 

The extension will generate revenue of approximately $630mn to UGL, replacing the $277mn of revenue announced in January. 

CIMIC Group Chief Executive Officer Michael Wright said: “We are very pleased to be extending our long-standing relationship with Sydney Trains and Transport for NSW, building on a partnership that has spanned several decades. 

“CIMIC Group, through its various operating companies including UGL, CPB Contractors, Pacific Partnerships and EIC Activities, provides a unique and market leading rail capability to the rail network owners and operators of NSW and beyond. Through this contract extension, UGL will provide value and optimal benefit for the people of New South Wales.”

SEE ALSO:

Federal Railroad Administration offering over $300mn in grants supporting US railroad infrastructure

Skanska wins $113mn light rail contract in Bergen, Norway

Innogy starts construction of Australia’s largest solar plant

Read the latest issue of Construction Global here

UGL Managing Director Jason Spears added: “This significant contract extension further confirms UGL’s position as a market leader in rail maintenance and asset management, and our reputation for delivering reliable rolling stock asset management and maintenance.” 

The services will be delivered through UGL Unipart, a 70:30 joint venture between UGL and Unipart Rail UK. The joint venture draws on both UGL’s asset management and maintenance capability and extensive knowledge of Sydney’s metropolitan passenger rail fleet, in addition to Unipart Rail UK, which delivers world class supply chain services to both the rail and vehicle industries. 

Share

Featured Articles

Arcadis signs collaboration with Canadian start-up Niricson

Agreement will combine Arcadis’ expertise with Niricson’s predictive analytics platform to develop a non-invasive way to safely inspect and monitor concret

Italy’s Cannon Artes wins $31m Egyptian desalination project

Turnkey contract win from SOPC will see Italian firm deliver an integrated desalination & demineralisation plant as part of modernisation of Suez refinery

Saudi Arabia to build three new stadiums for Asian Cup 2027

Tournament will be hosted across three cities and 10 stadiums, SAFF says

Neoen’s Storen Power Reserve begins construction in Sweden

Construction Projects

Masdar works with African countries on renewable projects

Construction Projects

Select Group awards US$816.7m in construction contracts

Construction Projects