Unipart Joint Venture Wins Five-Year Contract Extension
UGL Unipart Rail Services Pty Ltd, a joint venture between Australian company UGL (a member of CIMIC Group), and Unipart has secured an approximate $900 million, five-year contract extension with Sydney Trains. Replacing the original two-year contract extension, UGL Unipart will continue the delivery of maintenance and logistics services for a section of Sydney’s metropolitan passenger rail fleet.
UGL Unipart is a 70:30 joint venture between UGL and Unipart. The joint venture draws on both UGL’s asset management and maintenance capability and extensive knowledge of Sydney’s metropolitan passenger rail fleet, in addition to Unipart’s world class supply chain services to both the rail and vehicle industries.
Unipart Group Australia will continue to provide the Supply Chain and Continuous Improvement expertise to drive further improvements in delivering increased performance, reduced risk and optimised costs.
Unipart Group Australia’s Managing Director, Glen Everett said:
Over the past seven years the contract has delivered transformational change in the Auburn facility, drawing on Unipart’s core skills as Supply Chain experts. We are delighted that we can continue this work in partnership with UGL in delivering improvements in the maintenance of the Sydney passenger fleet for a further five years.
CIMIC Group Chief Executive Officer Michael Wright said:
We are very pleased to be extending our long-standing relationship with Sydney Trains and Transport for NSW, building on a partnership that has spanned several decades.
CIMIC Group, through its various operating companies including UGL, CPB Contractors, Pacific Partnerships and EIC Activities, provides a unique and market leading rail capability to the rail network owners and operators of NSW and beyond. Through this contract extension, UGL will provide value and optimal benefit for the people of New South Wales.
UGL Managing Director Jason Spears said:
This significant contract extension exemplifies UGL’s position as a market leader in rail maintenance and our reputation for delivering reliable rolling stock maintenance.