UGL awarded $1.9bn Melbourne suburban network O&M contract
CIMIC Group company, UGL, as part of the Metro Trains Melbourne joint venture, has been awarded a contract to continue the operations and maintenance of the Melbourne suburban train network for a further seven years.
The contract will generate revenue to UGL of approximately $1.886 billion over the initial seven-year term, with options of three further years in addition to this revenue figure.
The contract, which will commence in November, follows an eight-year agreement for the operations and management of the trains which is due to conclude in November. Metro Trains Melbourne comprises MTR Corporation (60%), John Holland (20%) and UGL (20%).
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