Image Source: Transfield Services
A leading Sydney-based infrastructure construction services firm which is already working on parts of the National Broadband Network across Australia has secured its biggest win yet associated with the project after being awarded a contract worth $170 million by NBN Co to roll out fibre optic broadband in Sydney’s metropolitan and suburban areas.
Under the contract, which covers metropolitan Sydney and southeast Sydney, Transfield Services will design and build the passive network from the fibre access node to the box outside the home.
The contract is for two years with options for two extensions of one year each with a potential value of up to $300 million.
For Transfield, this is the third big contract win associated with the NBN. It is already building the fibre optic network under a two-year, $133 million agreement in established locations across Victoria after completing the construction of the network at one of the first release sites located in the southern New South Wales coastal communities of Minnamurra and Kiama Downs.
Last May, it secured the $41 million contract for comprehensive facility maintenance services across all of NBN Co’s sites across Australia.
Transfield managing director and CEO Graham Hunt says the firm is delighted with the new agreement.
“This is a great opportunity for Transfield Services to continue to be part of one of Australia’s most significant infrastructure projects ever undertaken,” Hunt says, adding that the firm’s experience in end-to-end delivery of services to infrastructure assets positioned it well to benefit from the network.
For NBN, the new deal adds to the existing work of the Thiess-Siemens joint venture in Silicar NSW, which includes parts of Sydney.
While work in a number of suburbs is already underway, NBN Co is expected to start rolling out the network in the Sydney CBD starting next month.
The latest news follows an earlier admission by NBN Co that it will miss June 30 rollout targets by up to 150,000 homes nationally, and that it had dumped its main contractor in the Northern Territory.