UGL Limited (UGL) announced that it has secured a new contract with the Regional Rail Link Authority (RRLA) of Victoria. The total value of the alliance contract is approximately $278 million of which UGL’s share of revenue is anticipated to be approximately $176 million. Works will extend under the contract until mid to late 2015. Under the new contract, UGL will provide train control, signalling, telecommunications and passenger information systems throughout the Regional Rail Link system. The Regional Rail Link is a major new rail line in Victoria that separates regional trains from metropolitan trains increasing capacity and reliability within the Victorian rail system. UGL will operate as part of an alliance, partnering with Manidis Roberts, Metro Trains Melbourne (MTM), V/Line, and the client, RRLA.
UGL Managing Director & CEO, Richard Leupen said: “Securing this contract with the RRLA reinforces UGL’s long history of involvement in rail projects in Victoria and demonstrates UGL’s ability to deliver complex signalling and communications systems to passenger rail networks in major cities. The contract further cements our position as one of the leading integrated engineering services firms in the rail sector complementing our capabilities across design, manufacturing and maintenance services.” “Investment in improving and upgrading Australian infrastructure remains a key priority of state and federal governments and we are actively tendering for and winning a significant share of this work. An increasing proportion of this work is alliance-style which complements and enhances the risk profile of UGL’s order book and our ability to generate stable, recurring income growth over the long term.”
UGL Limited (UGL) is an engineering, maintenance, corporate real estate services and facilities management company operating in the water, power, transport, communications, resources and property sectors. It consists of four divisions – UGL Infrastructure, UGL Rail, UGL Resources and UGL Services. Headquartered in Sydney, Australia, UGL Limited operates in Australia, New Zealand, Asia, North America and the Middle East employing approximately 53,000 people.