25/05/2011 - 08:54

Pindan adds $22m deal to busy order book

25/05/2011 - 08:54

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Construction and development group Pindan has won its third major contract in two months, after being awarded a $22 million mine camp deal by Fortescue Metals Group.

Pindan adds $22m deal to busy order book

Construction and development group Pindan has won its third major contract in two months, after being awarded a $22 million mine camp deal by Fortescue Metals Group.

The contract covers design, earthworks, services infrastructure, building, installation and commissioning of an 800-bed camp and its linked facilities at Fortescue's Solomon iron ore mine in the Pilbara.

Pindan Contracting managing director Tony Gerber said the project was due to be completed in October this year.

"We are pleased to be handling all aspects of the site works on this project from the clearing and bulk earthworks though building installation and on to a pool and footpaths," Mr Gerber said.

"Working in conjunction with our designers, McDowall Affleck, work on the Dally camp is already well underway on design and procurement, with site works due to commence in the June quarter, subject to relevant approvals being granted."

The contract has pushed Pindan's order book over the $1 billion mark.

Earlier this month Pindan announced it had been selected by the Shire of Roeburn as the preferred tenderer for the $58 million Karratha Leisure Complex.

That followed on from the March announcement from the state government that Pindan Construction would build a new Governor Stirling High School in Woodbridge in a deal worth $45.9 million.

Also, in December Pindan announced it would undertake the most extensive phase of the $55.8million redevelopment of the Kalgoorlie Health Campus.

It was awarded a tender for the demolition of an old building and construction of a new block on the front of the site.

Construction is also well under way on Pindan's 300-lot housing development next to the existing Nickol estate in Karratha, a project announced by LandCorp last October.

Pindan director of business development Scott Davison said the latest deal with Fortescue would add to the group's growing presence in the north-west of WA.

He said the group had steadily grown its design and construction capabilities over the past seven years, which has paved the way for its expansion.

"This work now makes up a significant portion of Pindan's business; since 2004, we have secured 50 design and construct projects worth more than $1.042 billion," he said.

"More than $417 million of that work has been completed and $625 million worth is either underway or committed and will be completed by 2014."

Mr Davison said a strategic shift to focus on design and construction work was paying dividends.

In 2004, Pindan's design and construct order book was valued at $28 million. By 2010 that figure had jumped to nearly $86 million, and in 2011 the group is on track to complete $203 million in design and construct projects.

"The range of work we have undertaken in a design and construct capacity is broad - from the $9 million Gate 1 retail precinct near the International Airport to the $20 million Maylands Multipurpose Facility, the $22 million C'Air Hillarys grouped dwellings initiative and the $66 million Leighton premium beachside development," he said.

""Our decision to invest in this market was based on our firm belief that we could deliver what clients needed and that is a process that would ensure that their projects were as efficient and economical as possible from the outset.

"Part of our strategy involved dedicating an expert team member, Pindan business development manager James Allingame, to manage the whole design and construct process, including the consultant team, on behalf of our clients."



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