24/06/2016 - 11:53

Downer JV wins $512m trains contract

24/06/2016 - 11:53

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A joint venture between Downer and Canadian train manufacturer Bombardier Transportation has won more work with the Public Transport Authority of WA, securing $512 million in contracts for both the supply of new trains and for maintenance services.

A joint venture between Downer and Canadian train manufacturer Bombardier Transportation has won more work with the Public Transport Authority of WA, securing $512 million in contracts for the supply of new trains and for maintenance services.

The joint venture will supply 10 three-car ‘B Series’ units to the PTA, and will also continue providing maintenance on all of the PTA’s A and B series commuter fleets.

The new trains will be manufactured at Downer’s facilities in Queensland and will be delivered to the PTA by the end of 2020.

The maintenance contract will override an existing deal with the PTA, extending the length to 2026.

The joint venture was awarded an initial seven-and-a-half year, $285 million deal to maintain 46 PTA trains in 2011, and received a $40 million contract in 2014 to service a further 22 trains.

Downer chief executive Grant Fenn said the contract win built on the joint venture’s 25-year long partnership with the PTA.

“These new contracts highlight Downer’s complete service offering and our ability to deliver value for our customers,” he said.

Downer shares were down 3.9 per cent to $3.68 each at midday.

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