Veris wins Melbourne project

Osborne Park-based planning services company Veris has been awarded a contract with Cross Yarra Partnership for up to $100 million across 10 years to deliver early survey works for the Metro Tunnel Project in Victoria.

Veris has been contracted on a rates basis; therefore the contract value will vary based on the scope of initial engagements and any potential subsequent engagements or variations.

Veris will provide planning, design, survey and spatial solutions.

Managing director Adam Lamond said Veris supports clients on significant infrastructure development projects across Australia and is pleased to be involved in a project that will transform Melbourne.

“Veris now has office locations in all states and territories and the insight and capabilities that we are able to deliver to our clients on a national level, supported by local expertise, provides our clients with a tangible advantage that will also ensure a strong platform for further growth,” he said.

Major construction on the Metro Tunnel Project is expected to commence in 2018 and be completed in 2026.

Cross Yarra Partnership is a consortium comprised of Lendlease, John Holland, Bouygues Construction and Capella Capital.

It has been contracted by the Melbourne Metro Rail Authority to finance, design, construct and maintain the $6 billion Tunnel and Stations Package for approximately 25 years.

The Metro Tunnel will be Victoria’s biggest public transport project, totalling $11 billion and Cross Yarra Partnership will deliver twin nine-kilometre tunnels and five new underground stations.

At the close of trade Veris shares jumped by 7.8 per cent at 18 cents per share.