Downer-Bombardier named preferred tenderer for PTA contract
Posted: 6 May 2011 | | No comments yet
Downer announced that the Western Australia Government had selected a 50:50 joint venture between Downer and Bombardier Transportation…
Downer announced that the Western Australia Government had selected a 50:50 joint venture between Downer and Bombardier Transportation...
Downer EDI Limited (Downer) announced today that the Western Australia Government had selected a 50:50 joint venture between Downer and Bombardier Transportation as preferred tenderer for a major railcar maintenance and cleaning contract.
The Chief Executive Officer of Downer, Grant Fenn, said the contract is with Western Australia’s Public Transport Authority (PTA) and will run for seven and a half years with the option of an additional seven and a half years.
“The contract is worth about $317 million for the first seven and a half year term, after allowing for escalation,” Mr Fenn said.
“It covers all the maintenance and cleaning work for the PTA’s entire narrow-gauge rail fleet of 239 cars.”
At the moment, Downer-Bombardier maintains the PTA’s B-series fleet while the older A-series fleet, including the Australind, are serviced in-house under labour hire contracts.
The new contract is expected to be signed by 30 June 2011 and take effect from January 2012, subject to the successful completion of final contract negotiations.
Downer’s Rail division has over 100 years’ experience and is the leading provider and maintainer of passenger and freight rolling stock in Australia. The division’s broad range of capabilities and expertise includes passenger cars, locomotives, freight wagons and light rail.