NRW lines up $200m contract pipeline

NRW Holdings has secured a series of major contracts worth $200 million for work across Western Australia and major residential developments in Queensland.  

The Perth-based contractor’s subsidiary Golding Contractors was awarded two contracts worth $80 million for work on two residential developments in Queensland.

The contractor was awarded a 12-month contract to undertake general subdivision and associated infrastructure works at the Shoreline residential development in Redland Bay.

The major residential development will house more than 10,000 people, include 3,000 new dwellings and a new state primary school, according to NRW.

Lendlease also contracted NRW’s Golding for work at its Yarrabilba residential development in Queensland.

The scope of work under the 24-month contract period includes general subdivision and associated infrastructure works for three major packages of work.

The Yarrabilba residential development will house more than 45,000 people, including 17,000 dwellings, a town centre, neighbourhood hubs and 11 schools once complete.

NRW’s DIAB Engineering arm was awarded two contracts worth $29 million for work at two separate construction sites in Western Australia.

Meanwhile, NRW Civil won three new contracts in the Pilbara valued at $78 million.

The scope of work includes general mine civil infrastructure, culvert installation, demolition and remediation works and construction of a haul road overpass.

NRW’s recently acquired Bunbury-based engineering company OFI Group has been awarded a defence-related contract for various electrical work valued at $13 million.

The contractors share price was trading up 4.9 per cent to $2.77 at market close.