Ventia awarded extension of NSW LAHC contract
Ventia Services Group Limited
ABN 53 603 253 541
Level 8, 80 Pacific Highway
North Sydney NSW 2060
AUSTRALIA
ventia.com
ASX and NZX Release
Tuesday 28 June 2022
Ventia awarded extension of NSW Land and Housing Corporation contract
Ventia has been awarded an extension of its contract providing Asset Maintenance Services to the
NSW Land and Housing Corporation (LAHC).
The 18-month extension will generate a base contracted revenue of $185m for Ventia. It will see the
team continue delivering maintenance, project and program services in Sydney, Newcastle and the
Hunter Valley.
The original contract was awarded in April 2016, and this award will extend the contract term through
to 30 June 2024.
Ventia delivers more than 350,000 programs of work annually for LAHC in about 60,000 homes.
Ventia Group Executive of Defence and Social Infrastructure Derek Osborn said to be successful on
this high-volume contract, Ventia invests significantly in technology innovations. This enables real-time
visibility of work-in-progress, fast and effective maintenance, and tenant satisfaction ratings that
consistently exceed 90 per cent.
All subcontractors on the contract are small and medium enterprises (SMEs). Collectively, they employ
approximately 3,500 people, 104 tenants and 160 apprentices. Five of these SMEs are also social
enterprises employing people with disabilities, the long-term unemployed, youth and people from
disadvantaged backgrounds.
“The award of this extension is testament to the delivery of consistent service by our team throughout
our 20-year relationship with NSW Land and Housing Corporation, including throughout the pandemic
and some of NSW’s largest weather events,” Mr Osborn said.
“I’m pleased that this extension provides the opportunity to continually innovate and improve our
service for the benefit of LAHC, its tenants and the wider communities.”
-Ends-
For further information, please contact:
Investors Media
Chantal Travers Sarah McCarthy
General Manager Investor Relations General Manager Brand, Marketing & Communications
chantal.travers@ventia.com sarah.mccarthy@ventia.com
+61 428 822 375 +61 400 993 542
Ventia Services Group Limited
ABN 53 603 253 541
Level 8, 80 Pacific Highway
North Sydney NSW 2060
AUSTRALIA
ventia.com
ASX and NZX Release
About Ventia
Ventia is a leading essential infrastructure services provider in Australia and New Zealand, proudly providing the services that
keeps infrastructure working for our communities. Ventia has access to a combined workforce of more than 35,000 people,
operating in over 400 sites across Australia and New Zealand. With a strategy to redefine service excellence by being client-
focused, innovative and sustainable, Ventia operates across a broad range of industry segments, including defence, social
infrastructure, water, electricity and gas, resources, telecommunications and transport.
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