Transfield wins US$28m contract

March 23, 2010

Transfield Services Limited (TSE) said it has secured a US$27.7 million five-year contract with the North Carolina Department of Transportation. The company said Transfield Services North America Transportation Infrastructure would deliver operations, maintenance, emergency response, asset management and construction services on 135 miles of interstate roadway and associated assets.

Managing Director and CEO, Dr Peter Goode, said the contract was a further endorsement for the company’s North American transport infrastructure business.

Transfield said it commenced work in North America’s transport infrastructure sector in 2007 and achieved revenues in excess of US$100 million in FY09.

The company said the business has secured more than AUD$800 million worth of contracts this financial year, with the North Carolina project being the first in that particular state.

As at 1023 AEDT, Transfield shares were down 3c to $4.06.

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