Transfield wins $240m worth of contracts

Transfield Services (TSE) has secured $240 million worth of contracts across its Australian and New Zealand operations, including extensions on its existing contracts with the Western Australian Department of Housing and Telstra.

In a statement to the Australian Securities Exchange, Transfield unveiled a one-year $75 million extension of its contract with the Western Australian Department of Housing to continue to manage the repairs and maintenance of the Department's public housing in Perth.

In addition, it said it had secured a two-year extension of its contract with Telstra Land and Building (L&B) to provide design, construct and project management services to Telstra’s  critical network assets

Transfield said the contract includes and a one-year extension option

The group also flagged it will increase its market share in the Australian toll roads and tunnels sector securing contracts for the Hills M2 Motorway and Lane Cove Tunnel in Sydney.

"The scope of work includes operation and maintenance of all civil, mechanical, electrical and tolling assets on these major Sydney road networks," the group said.

Transfield said the operations component is a one-year contract, while the maintenance component is a five-year contract

Finally, Transfield unveiled a new two-year contract with Queensland Health to provide asset and building maintenance at the Gold Coast University Hospital.

"The scope of work includes management services, general facilities management, building maintenance, help desk, grounds maintenance, security, new works and management of the defect liability period," the group said.

Transfield managing director and chief executive officer Graeme Hunt said the contracts reflected the diversity and strength of the group's operations.