Veris Secures Engineering Survey Services Contract for Victorian Transport Project

MT Newswires Live

Jul 21, 2025

Veris (ASX:VRS) said it secured a contract to deliver engineering survey services for the Suburban Rail Loop East, Tunnels North package in metropolitan Melbourne, Victoria, according to a Monday Australian bourse filing.

It was awarded by a consortium, Terra Verde, which consists of WeBuild, GS Engineering and Construction Australia, as well as Bouygues Construction Australia.

The scope of work includes engineering survey services, data management, and digital offerings. The contract is expected to generate revenue of around AU$16 million to AU$20 million for the firm and has a term of over three-and-a-half years.

The package involves the construction of around 10 kilometers of twin tunnels in metropolitan Melbourne.

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