SINGAPORE (April 22): Tritech Group has been awarded a $7.125 million contract from the Public Utilities Board (PUB) to conduct Deep Tunnel Sewage System (DTSS) Phase 2 Project – Link Sewers.
Under the terms of the contract, Tritech will provide instrumentation and monitoring works for the project from June 3, 2019.
This includes installing and removing monitoring equipment other than in tunnels audits and shafts; collecting monitoring instrumentation data while also procuring, installing and maintaining the system for collection; as well as summarizing and presenting such data in tandem with relevant construction activity as and when requested by the superintending officer.
The contract also includes a defects liability period of 24 months from the expected contract completion date on 02 April, 2025.
Tritech does not expect its latest contract win to have a material impact on its financials for the current reporting year ending March 2020.
Shares in the group closed 4.55% higher at 4.6 cents on Monday.
