Decmil Group has won a contract from the Victorian government to complete road upgrades at the coastal town of Barwon Heads.
Osborne Park-based Decmil Group has won a contract from the Victorian government to complete road upgrades at the coastal town of Barwon Heads.
The $88.7 million contract includes the construction of a new carriageway and bridge as part of the Barwon Heads Road Upgrade project, led by Major Road Projects Victoria.
Decmil, which was previously named preferred contractor for the works, will also build a cantilever structure and complete work on the existing carriageway and signalised intersections.
“Securing this significant contract is further validation of our strategy to target the burgeoning government spend on infrastructure projects,” chief executive Dickie Dique said.
“Our relationship with the Victorian government continues to go from strength to strength, which is a testament to our ability to successfully delivery major projects.”
He said Decmil had completed numerous projects in Victoria in the past five years.
In March, it secured the works to upgrade the Gippsland rail line, as part of a consortium that includes CIMIC Group. Decmil’s share of that contract was valued at $140 million.
Decmil was also contracted for $117 million in July last year to complete work on the Drysdale Bypass.
It was trading 1.4 per cent higher at 1:29pm AEST to 36 cents a share.