SRG wins $50m Water Corp contract

Perth contractor SRG Global has won a $50 million contract from the Water Corporation to provide specialist infrastructure works.

SRG has progressed its relationship with the state government-owned supplier of water, wastewater and range services after securing the specialist civil contract valued at $50 million.

Under the contract, SRG will construct an ocean outfall transition tower, associated pipework and other wastewater infrastructure assets for the Water Corporation.

The scope of work is expected to be completed in 2025.

Managing director David Macgeorge said he was pleased to continue the company’s longstanding 20-year long relationship with Water Corporation.

“This project showcases our specialist skillset as a trusted partner to deliver critical water infrastructure,” he said.

“With over $1 billion of new contract wins since July, many of them long-term, SRG Global is in a period of significant momentum.

“Importantly, the contract wins are being achieved across a diversity of sectors and geographies, positioning SRG Global well for long-term, sustainable growth.”

On the ASX, SRG shares were up slightly by 0.70 per cent to trade at 72 cents at market close.