Transfield Services awarded major contract by global retailer
26 July 2010
Transfield Services facilities management subsidiary USM has secured a new one-year contract currently valued between US$85 million and US$100 million, to deliver exterior facilities maintenance services to over 4,000 Walmart stores across America with a conditional option for a second year.
USM has also been awarded a one-year renewal of the existing snow and ice removal contract. Together, the two contracts are currently estimated to be worth US$130 million per annum.
USM will provide a wide range of services, including landscaping (estimated to be 25 per cent of total work), snow removal (35 per cent), parking lot maintenance (35 per cent) and water reclamation pressure washing (5 per cent).
Managing Director and Chief Executive Officer, Peter Goode said today: “Our capability of delivering asset management solutions from an owner's perspective continues to position us competitively across a variety of geographies and asset classes.
“Our extensive network of quality control personnel, backed up by world-class compliance monitoring and management systems, continues to be a fundamental key to our success.”
The services provided by USM allow clients to reduce operating costs, standardize services and improve visibility of spend. By using a service partner to manage the day-to-day service delivery, clients can focus resources on long-term strategic initiatives.
Chief Executive, Americas, Larry Ames said: “This is a landmark contract for USM and a major step forward in executing on our strategy to provide high quality integrated facilities management and maintenance solutions to mass merchant retail clients.”
USM’s national footprint of integrated service solutions is underpinned by quality data management and weather monitoring systems that ensure rapid response for critical weather events such as snow storms and hurricanes.
Transitioning for the contract will commence immediately. USM’s blue-chip client base includes Toys‘R’Us, Michaels, The Home Depot and Ross Stores.
Transfield Services’ capability of delivering asset management solutions continues to position the Company competitively across a variety of geographies and asset classes. The Company has maintained discipline in strengthening the order book with long-term contracts that deliver consistency of earnings, generating solid and reliable returns. We continue to provide more than 80 per cent of our services under secure, long-term asset management contracts and our overall retention rate continues to exceed 95 per cent.
| Transfield Services awarded major contract by global retailer |
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Transfield Services employs over 27,000 people across 21 industries and 13 countries.
We are a global provider of operations, maintenance and construction services to the Resources, Energy, Industrial, Infrastructure, Property and Defence sectors.
We deliver asset management services across all phases of the asset lifecycle, from concept and creation, to services that sustain, optimise and enhance our Client’s assets.
With diverse global experience and expertise, we share our knowledge and challenge thinking to develop and implement innovative solutions that deliver real value for our Clients.
Our unique approach enables us to deliver continuous improvements in asset performance and sustain long term relationships with our Clients and partners.