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esi’s major new contract $70m adds to already reco

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    ESI’S MAJOR NEW CONTRACT ADDS TO ALREADY RECORD HIGH
    ORDER BOOK
    Environmental Solutions International Ltd (ESI), in joint venture with Tenix Alliance has
    been awarded the contract by Bega Valley Shire Council, NSW, for the new Bega Valley
    Sewerage Project.
    Works to be carried out during the Project include the upgrading of sewage treatment
    plants in Bega, Tathra, Tura Beach, Bermagui and Merimbula, and the construction of
    new sewerage schemes in Cobargo, Candelo, Wallaga Lake, Wolumla and Kalaru.
    Upon completion of the documentation between Council and ESI-Tenix Alliance, work is
    expected to commence in August 2003.
    The contract will see the ESI-Tenix Alliance team design and construct approximately $58
    million in new sewerage infrastructure and take over the operation and maintenance of all
    existing and new treatment plants for a period of 15 years. The value of the overall
    contract to the 50/50 joint venture entity, inclusive of operations and maintenance is
    approximately $70 million.
    ESI Managing Director, Mr Denis Glennon AO, said: “The award of this contract adds to
    ESI’s record high order book for capital works, and the long term operations component at
    Bega Valley builds upon ESI’s existing operations contracts around Australia”.
    “ESI’s forward order book now stands at over $65 million. The company also has
    preferred tenderer status on other wastewater treatment projects valued around $25
    million. I am confident we will convert these to new contracts in the near term. As part of
    the company’s planned growth strategy we have recruited a number of experienced
    project delivery staff and in particular built up resources in our Melbourne office.”
    “ESI and Tenix Alliance have been collaborating on the Bega Valley Shire Council project
    for around 2 years. The form of alliance contract agreed for the project will allow Council
    and ESI-Tenix Alliance to work closely and collaboratively with community stakeholders,
    to maximise positive outcomes for all parties. The utilities maintenance and construction
    strengths of Tenix Alliance complement the specialist wastewater treatment knowhow and
    track record of ESI. Together, we can offer to Council, the best available technology in
    sewage collection systems, construction techniques and state-of-the- art treatment
    plants.”
    Page 2 of 2
    9 July 2003
    “To maximise input from Bega Valley residents and ratepayers during the approvals and
    decision-making process ESI-Tenix Alliance are supported by Environmental Resources
    Management (ERM), to provide specialist services in community consultation and
    environmental assessment.”
    “ESI is very cognisant that the upgrades and new works are vital in terms of enabling
    Council to meet its environmental and public health obligations, as well as growth
    demands in these popular tourist destinations, over the next decade. The project will also
    provide new employment and training opportunities for local people. We look forward to a
    long and mutually beneficial relationship with our partners Tenix Alliance and with Bega
    Valley Shire Council.”
    For more information, please contact Mr Denis Glennon on Tel: (08) 9470 4004 or Fax:
    (08) 9355 0998 or email: [email protected]
 
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