- Damstra (DTC) is appointed as Technology Partner for Workforce Management Services for the North East Link Project, to be delivered by the Spark Consortium
- The North East Link Project is Victoria’s largest road project, consisting of 26 kilometres of tolled motorways to connect the Metropolitan Ring Road with the Eastern Freeway
- Damstra will provide mobilisation systems via its Enterprise Protection Platform (EEP) to roughly 15,000 permanent workers and contractors
- The EEP is a cloud-based software-as-a-service platform that enables and automates business processes and data flows
- Shares in Damstra are up 15.4 per cent and are trading at 22.5 cents
Damstra (DTC) has been appointed as Technology Partner for Workforce Management Services for the North East Link Project, to be delivered by the Spark Consortium.
The North East Link Project is Victoria’s largest road project, consisting of 26 kilometres of tolled motorways to connect the Metropolitan Ring Road at Greensborough with the Eastern Freeway at Bulleen.
It is expected to deliver $4.9 million in unaudited revenue to Damstra over six years, resulting in roughly $816,000 per year.
Damstra will provide mobilisation systems via its Enterprise Protection Platform (EEP) to roughly 15,000 permanent workers and contractors.
The EEP is a cloud-based software-as-a-service platform that enables and automates business processes and data flows.
It links existing third-party tools and technologies to maximise investment performance and utilisation.
The Spark Consortium comprises CIMIC Group companies CPB Contractors, Ventia and Pacific Partnerships, Italy’s WeBuild, South Korea’s GS Engineering and Construction, China Construction Oceania, Capella Capital, John Laing Investments and DIF.
Damstra has already begun working with Spark to establish worker mobilisation requirements, and the company believes this forms a strong platform for moving to full project implementation in FY23.
“We are very pleased to announce this significant long-term arrangement with the Spark Consortium, which will be a major new client for Damstra,” CEO Christian Damstra said.
“We believe it reflects confidence in Damstra’s ability to provide critical services for workers and contractors for large-scale infrastructure projects and demonstrates the strength of our integrated EPP offering.
“It also leverages the strength of our construction vertical which has continued to rebound strongly since COVID restrictions began to lift.”
Shares in Damstra were up 15.4 per cent and were trading at 22.5 cents by the end of the day.