Downer awarded South Australian road maintenance contracts

DOWNER AWARDED SOUTH AUSTRALIAN ROAD MAINTENANCE CONTRACTS Downer EDI Limited (Downer) announced today it had been awarded road maintenance contracts by the South Australian Government Department of Planning, Transport and Infrastructure (DPTI) valued at an estimated $420 million over a maximum term of 13 years. The contract also has provisions for additional minor capital works. The contracts begin on 2 November 2020 with an initial seven-year term with two extension options of three years plus three years. The Chief Executive Officer of Downer, Grant Fenn, said the new contracts would result in Downer expanding the services it provides to DPTI and maintaining 8,500 kilometres of roads in South Australia's Metropolitan Zone and Regional North Zone. "Downer has been maintaining South Australian roads since 2003," Mr Fenn said. "Currently, Downer is providing maintenance and emergency road services to DPTI, but under these new contracts Downer will also deliver a range of other services including maintenance of intelligent transport systems, management of third party works and minor capital improvements. "Overall, Downer will deliver reliable road networks to ensure efficient and safe journeys and also provide opportunities for local service providers and suppliers." Downer Group employs over 3,500 people in South Australia, making it one of the State's largest employers. Downer provides its South Australian customers with engineering, maintenance, asset management, operations and hospitality services in both metropolitan and regional areas. Michael Sharp, Group Head of Corporate Affairs and Investor Relations +61 439 470 145 End CA:00355880 For:DOW Type:GENERAL Time:2020-07-07 11:21:17