17 November 2020

SRG Global Secures Specialist Dam, Bridge and Tank Contracts Valued at ~$55m

Highlights:

  • Specialist balanced cantilever bridge contract variation with Transport for NSW as part of the New England Highway upgrade at Bolivia Hill, NSW
  • Specialist design and construct contract with Water Corporation for a 20ML water tank in Karratha, WA
  • Specialist dam remedial works at Paradise Dam, QLD for Sunwater / CPB Contractors

SRG Global Ltd ('SRG Global' or 'the Company') (ASX: SRG) is pleased to announce that it has been awarded a contract variation with Transport for NSW as part of the previously announced New England Highway upgrade project at Bolivia Hill. The project is expected to complete in August 2021.

SRG Global has also secured an additional contract with Water Corporation to provide specialist design and construction of a 20ML water tank in Karratha, Western Australia. This project will commence immediately and is expected to finish towards the end of 2021. This further strengthens our relationship with Water Corporation being the third tank construction project we have been awarded in the last two months.

A further contract has been awarded to SRG Global by CPB Contractors to provide specialist dam remedial works at Paradise Dam for Sunwater. This continues our longstanding relationship with Sunwater, having recently successfully completed the Fairbairn Dam project. This is a return to Paradise Dam having previously been engaged on this dam in 2016. The project is expected to be completed by the end of the current financial year.

David Macgeorge, Managing Director, commented: "These contract awards highlight our diverse capability using specialist construction methods in our core markets of dams, bridges and tanks. We look forward to continuing our relationship with Transport for NSW, Water Corporation, Sunwater and CPB Contractors and building on our strong track record in these markets."

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About SRG Global

SRG Global is an engineering-led specialist asset services, mining services and construction group operating across the entire asset lifecycle of engineer, construct and sustain. The Company operates three segments of Asset Services, Mining Services and Construction. For more information about the variety of services offered by SRG Global, click here.

This announcement was authorised for release to ASX by the Managing Director.

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SRG Globa Limited published this content on 16 November 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 November 2020 21:44:02 UTC