Veris (ASX: VRS), a digital consulting firm that delivers spatial data services and solutions across a variety of industries, has been awarded an engineering survey contract potentially worth $20 million. The contract relates to Victoria’s Suburban Rail Loop East, Tunnels North project, a key component of the state government’s $100 million ‘Big Build’ infrastructure program.
The Veris package encompasses the construction of approximately 10 kilometres of twin tunnels in metropolitan Melbourne between Glen Waverley and Box Hill over the next 3.5 years. The company’s scope of work includes providing engineering survey services, data management, and digital solutions for the project.
According to Veris, this new contract increases the company’s forward workload to over $65 million in the medium to long term. This is supported by the company’s $3 million acquisition earlier this year of Melbourne spatial solutions company Spatial Vision Innovation. Recent project wins for Veris also include advanced data capture for the Transgrid HumeLink East project in New South Wales, and road network data capture and analysis for the Shire of Ashburton in Western Australia.
