Downer awarded new $860 million Homes NSW contract

27 June 2024 DOWNER AWARDED NEW $860 MILLION HOMES NSW CONTRACT Downer EDI Limited (Downer) today announced it had been awarded a new contract to deliver maintenance services across the Homes NSW public housing portfolio in contract areas 9, 12 and 13, covering Inner City Sydney, Southern Tablelands, South Coast, Macarthur and Southern Highlands, and Illawarra. The contract to deliver responsive and programmed maintenance services commences on 1 July 2024, and is valued at approximately $860 million for a maximum term of 10 years. The contract’s initial term is five years, with provisions for two extensions of two years each and one extension for one year. The scope of the contract covers responsive maintenance along with capital upgrade, vacant restoration, home modifications and lawns, grounds and cleaning services and works to approximately 24,000 public housing dwellings. The Chief Executive Officer of Downer, Peter Tompkins, said securing this key contract reinforces Downer’s position as a trusted government partner and leading social housing maintenance services provider across Australia and New Zealand. “Downer has a long history of providing property and facilities management services for government departments, agencies and authorities at the federal, state and municipal level,” Mr Tompkins said. “We have successfully partnered with the NSW Land and Housing Corporation, now Homes NSW, for more than 20 years, and are proud to renew our relationship and continue to deliver these vital services for the people of NSW, while also providing sustainable employment opportunities and supporting social enterprises.” Authorised for release by Downer’s Chief Executive Officer, Peter Tompkins