Endeavour Energy has announced a consortium agreement to deliver $500 million of electricity network upgrades.
Endeavour Energy general manager asset management Ty Christopher said the company was excited to announce the engagement of two consortia, UHJV and ZPC, to provide network upgrades in the next seven years.
“Using a collaborative framework agreement is a smarter and more streamlined way to resource network upgrades as it provides better value for our customers,” Mr Christopher said.
“It is part of our strategy to keep downward pressure on our portion of electricity bills while meeting the reliability and security standards our customers expect.”
Endeavour Energy has established a Major Projects Unit dedicated to rolling out its network in priority growth areas.
“We’ve streamlined the number of contractors we need to manage under this agreement, which helps to keep costs down,” Mr Christopher said.
“The agreement provides greater certainty about contractor rates and availability of resources and eliminates the time and cost of contracting our work to multiple parties.
“UHJV and ZPC were selected from a competitive field of contractors with extensive industry experienced based on their performance in delivering high quality work on time and on budget.
“They will provide us with a scalable workforce as our needs change, which also helps manage the competition for skilled resources from other industries like mining and transport.”
In welcoming the announcement, the two consortia said they looked forward to breaking new ground in working collaboratively with Endeavour Energy.
“UHJV, a joint venture between Haslin Constructions and UEA Electrical, is pleased to be working with Endeavour Energy and to ensure that sufficient resources and expertise are available to safely deliver the program in time for new developments,” UHJV executive Mark Bampton said.
Zinfra projects general manager Paul Birighitti said the company was thrilled to be part of the consortium with Project Coordination (Australia) to form ZPC.
“Together we will work to deliver ongoing network reliability and meet the needs of growth in Endeavour Energy’s network,” Mr Birighitti said.
UHJV has already commenced construction of the $26.4 million South Marsden Park Zone Substation to meet the continued increase in demand from the Sydney Business Park, with future projects to be delivered in the Southwest Priority Growth Area.
ZPC is currently working to replace 19km of paper insulated low-voltage underground cable installed in the 1960s and 70s that is prone to failure.