SRG wins $55m in contracts

SRG Global has secured $55 million in new work, including with Water Corporation to design and build a water tank in Karratha.

The 20 million litre water tank will be the third tank construction project awarded to SRG in recent months.

It was contracted by Western Australia-owned Water Corp in July to design and build two water tanks, at Merredin in the central Wheatbelt and at Dedari in the Goldfields, for $30 million.

SRG has also won a subcontract with CIMIC subsidiary CPB Contractors to provide specialist dam remedial works at Sunwater’s Paradise Dam, in Queensland.

The works are expected to complete by mid-next year.

SRG has provided services on the dam since 2016, and also recently completed work on Sunwater’s Fairbairn Dam project.

Further, the Perth-based contractor has received a contract variation with NSW’s transport department, as part of the New England Highway upgrade at Bolivia Hill.

The project is expected to complete in August next year.

SRG managing director David Macgeorge said the contracts highlighted the company's diverse capability using specialist construction methods.

“We look forward to continuing our relationship with Transport for NSW, Water Corporation, Sunwater and CPB Contractors and building on our strong track record in these markets," he said.

SRG shares were up 3 per cent at 12:48pm AEDT to trade at 33 cents.