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Tritech bags S$23m contract for Phase 1 of Jurong Region MRT line
WATER and environmental group Tritech on Thursday said its subsidiary has been awarded a S$23 million contract by the Land Transport Authority (LTA) to provide Qualified Person (Supervision) or QPS services relating to the construction of Phase 1 of the Jurong Region MRT line.
Under this contract, Tritech Consultants will offer QPS services, including a specialist supervision team for construction, supervision and review services for the construction of several MRT stations on the line, said the group in a statement. (see amendment note)
The stations involved are Hong Kah (JS4), Corporation (JS5), Jurong West (JS6), Bahar Junction (JS7) and Boon Lay (JS8).
The Jurong Region Line, Singapore's seventh, will add 24 new stations to the overall MRT network. It is expected to open in three phases, starting from 2026.
The group said it is expected to start work on July 13, 2020. Its QPS services are expected to be completed on March 30, 2026.
Under the contract, Tritech Consultants will provide to LTA the required security deposit and performance guarantee by the group within the stipulated timeline set by LTA, said the group.
It noted that the contract is not expected to have a material impact on the consolidated earnings per share and net tangible assets per share of the group for the current financial year ending March 31, 2021.
Shares of Tritech closed down 0.1 Singapore cents to 1.5 cents on Thursday.
Amendment note: An earlier version of this story incorrectly stated that Tritech will carry out design and construction work. It will in fact provide QPS services.