11/10/2017 - 10:01

Decmil wins $60m of new work with VicRoads

11/10/2017 - 10:01

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Decmil Group has won more work on a highway extension project in Victoria, with the new package worth about $60 million.

Decmil Group has won more work on a highway extension project in Victoria, with the new package worth about $60 million.

Perth-based Decmil will undertake road duplication works on about 8.9 kilometres of the Princes Highway, with work to begin immediately.

The contract is for stage 3 of VicRoads’ highway expansion project, and follows last year’s awarding of a $22.1 million contract to Decmil in November for similar work on the highway.

Work under the new contract will begin immediately, with the project scheduled to be completed in April 2019.

The contract is being delivered by Decmil’s Melbourne-based civil engineering subsidiary Cut & Fill, which it acquired in February last year for $9 million.

Shares in Decmil were 6.1 per cent higher to $1.32 each at 10am.

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