Duratec Limited announced it has been awarded a $100 million contract with the Department of Defence for wharf and harbour basin maritime upgrade works. Work on the project starts immediately, and commencement onsite is scheduled for May 2023. The project is anticipated to be completed by March 2025.

This major project award consolidates the business' strategy of having several large-scale, longer-duration projects while still maintaining a diverse mix of smaller, shorter-duration works. The project also aligns with Duratec's focus on securing marine infrastructure works throughout Australia, as well as its significant strategic investment in Northern Australia. The contract includes termination provisions standard for this type of agreement.