ASX Company News: Transfield Services Secures Walmart Contract

July 27th, 2010

Transfield Services (TSE) facilities management subsidiary USM has secured a new one-year contract   currently valued between US$85 million and US$100 million, to deliver exterior facilities maintenance services to over 4,000 Walmart stores across America with a conditional option for a second year. USM has also been awarded a one-year renewal of the existing snow and ice removal contract. Together, the two contracts are currently estimated to be worth US$130 million per annum. USM will provide a wide range of services, including landscaping (estimated to be 25% of total work), snow removal (35%), parking lot maintenance (35%) and water reclamation pressure washing (5%).

Managing Director and Chief Executive Officer, Peter Goode said today: “Our capability of delivering asset management solutions from an owner’s perspective continues to position us competitively across a variety of geographies and asset classes. Our extensive network of quality control personnel, backed up by world-class compliance monitoring and management systems, continues to be a fundamental key to our success.” The services provided by USM allow clients to reduce operating costs, standardize services and improve visibility of spend. By using a service partner to manage the day-to-day service delivery, clients can focus resources on long-term strategic initiatives. Chief Executive, Americas, Larry Ames said: “This is a landmark contract for USM and a major step forward in executing on our strategy to provide high quality integrated facilities management and maintenance solutions to mass merchant retail clients.” USM’s national footprint of integrated service solutions is underpinned by  uality data management and weather monitoring systems that ensure rapid response for critical weather events such as snow storms and hurricanes.

Transfield Services delivers essential services to key industries in the resources and industrial, property and infrastructure sectors. A leading global provider of operations, maintenance, and asset and project management services, Transfield Services has more than 28,000 employees in Australia, New Zealand, the United States, Canada, the United Arab Emirates, Qatar, India, Malaysia, Chile and New Caledonia.

www.transfieldservices.com

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