TRANSFIELD Services has entered the tertiary education market after securing an $88 million integrated facilities management and property services contract with the University of Newcastle.
The five-year deal will initially focus on providing integrated facilities management and property services across its metropolitan and regional campuses in New South Wales.
There is a provision to extend this scope of work to provide capital and upgrade works.
Transfield Services CEO Graeme Hunt said the tertiary education sector, along with the defence, social and property sectors, represent exciting growth markets.
“The engagement with the University of Newcastle supports Transfield Services’ successful expansion into the tertiary education sector with a key customer,” he added.
This agreement follows recent contract extensions in the housing and health sectors including those with the NSW Land and Housing Corporation worth $45 million over the next five months and the Gold Coast University Hospital worth $12 million over nine months.
Australian Property Journal
