By Julian Bajkowski

State owned utility Sydney Water has named the first tranche of successful tenders in its $1.3 billion infrastructure overhaul slated to run from 2013 to 2018.

The waterworks provider said today that it has awarded $500 million worth of contracts to “manage and deliver asset renewals and new infrastructure works for its water and wastewater networks, treatment works, pumping stations and reservoirs for the next five years.”

Under the new agreements Aquenta Consulting has secured the plum deal of service provider for Program, Cost and Risk Management Project Management, prompting a predictably chipper response from the company.

“This is a key appointment for Aquenta Consulting, demonstrating our ability to provide integrated project services that align with and deliver against complex client needs,” Aquenta Managing Director, Bob McCallum, said.

Also in the money are ISP3, a joint venture bid by Lend Lease Project Management & Construction and John Holland that will take on project management.

Facility Renewals Delivery Contractors for the deal have been named as Process Engineering Technologies, Abergeldie Contractors, Downer EDI Engineering Power and O’Donnell Griffin.

Sydney Water Managing Director Kevin Young said the new contracts formed “a collaborative contracting framework to provide increased infrastructure and services to our customers, safely and more efficiently.”

“This model represents a new approach for Sydney Water in how it contracts and engages with service providers and contractors to deliver value,” Mr Young said.

“These service providers will work in partnership with Sydney Water to deliver essential water infrastructure over the next five years.”