Transfield Services secures new global client and extends West Australian work

21 October 2010

Transfield Services’ US facilities management subsidiary, USM, has been awarded a one year contract with major global client Avis Budget, as part one of a multi-phased approach to a national facilities management program.

In this initial phase, USM will provide janitorial services to Avis Budget’s 2000 sites across the United States.

Separately, following on from Transfield Services’ announcement on 22 June 2010, the Company confirms that it has signed a revised commercial agreement with Western Power, Transfield Services, as part of the Future Grid Alliance with Western Power will provide engineering, field resources, supervision and project management services to Western Power’s distribution network throughout the entire South West Interconnected System (SWIS) area, stretching from Kalbarri in the north to Kalgoorlie in the east and south to Albany.

The revised Agreement extends the original five-year contract by an additional year with a five year extension option.

Managing Director and CEO, Dr Peter Goode, said today: “Both of these contracts are examples of our abilities to build on relationships to secure new types of work with existing clients, or to leverage a leading market position to win new work in new industries and broaden our client-base.”

USM provides a range of facilities management and maintenance services to its clients, including snow removal, landscaping, heating, ventilation and air-conditioning (HVAC), floor care, janitorial, lighting, electrical and repair services.

Its major clients include Wal-Mart, Rite Aid Corporation, Bed Bath and Beyond, Jo Ann Fabric, Target, The Sports Authority and Regis Corporation. Western Power has been a client of Transfield Services Infrastructure Business since April 2008.

Transfield Services provides has an overall client retention rate that exceeds 95 per cent.

It has a robust pipeline of work developing in power, defence, transport and social infrastructure, providing continuing diversification for the business.

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Transfield Services employs over 19,000 people across 18 industries and 10 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.