BGC Contracting Secures New Relationship Based Contract

BGC Contracting is part of a Joint Venture team (named Team Savannah), which includes another contractor – Laing O'Rourke, to design and construct three new bridges and make improvements to two major sections – 20km of road along the Bow River section and a 20km section along the Elvire section of the Great Northern Highway in the Kimberley region of Western Australia. The project is being delivered under an Early Contractor Involvement (ECI) agreement. This is a relationship based form of contract that has not been used previously by Main Roads WA. The project is scheduled for completion in December 2009 and is valued at $80 million.

This brings the number of relationship based agreements that BGC Contracting is operating under to four, the others include a mining Alliance with Portman Ltd at Koolyanobbing ($800 million); plus the two partnering agreements with Main Roads WA, which are used on the two ten year Term Network Contracts that BGC Contracting has in the Pilbara-Gascoyne region ($250 million) and Kimberley region ($160 million) of WA.