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Australian State Awards A$755 Million in Sydney Water Contracts

Australia’s New South Wales, the nation’s most-populous state, awarded contracts worth A$755 million ($692 million) to help upgrade Sydney’s water network.

A range of delivery contractors have been selected to design and construct assets for the water and wastewater systems, Greg Pearce, the New South Wales minister for finance and services, said in a statement today. The contracts were given to companies including a Balfour Beatty Plc (BBY) venture known as Balfour Beatty Leed and Veolia Water Network Services Pty.

“Sydney, the Blue Mountains and the Illawarra have a growing population and with that comes the need for efficient water and wastewater services in existing and developing suburbs and for business,” Pearce said in the statement.

The upgrades will include water main renewal and sewer upgrades, Pearce said.

Other contract winners include Comdain Infrastructure, Diona Pty, Interflow Pty, ITS Trenchless Pty, Kembla Watertech Pty, Metropolitan Restorations, Water Infrastructure Group Pty and the Zinfra Group, according to the statement.

About two-thirds of New South Wales’s population was located in the greater Sydney area as of June 2012, according to the Australian Bureau of Statistics.

To contact the reporter on this story: Iain Wilson in Sydney at iwilson2@bloomberg.net

To contact the editor responsible for this story: Jason Rogers at jrogers73@bloomberg.net

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