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PARKD (ASX:PKD) awarded contract by St John of God

Industrial
ASX:PKD      MCAP $2.912M
11 August 2021 12:50 (AEST)

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PARKD (PKD) is signing on to provide more consulting work for private hospital provider St John of God.

The car-park solutions business will be paid $106,000 to help project manage SJOG’s multi-level car park development at its Murdoch Campus in Perth.

Among the works set to be provided by PKD were employing consultants and construction partners to prepare technical reports and construction advice.

It said it had already begun engaging engage Tier 1 building contractor Built NSW to assist with the project deliverables.

Commenting on the contract, PARKD’s CEO and Executive Director Peter McUtchen said it was a pleasing development.

“We are delighted with our further engagement in this second stage of works to develop a solution based on the PARKD Car Park System,” Mr McUtchen said.

“The critical operational demands on parking and access at hospitals really highlight the need in the market for a solution that utilises modern methods of construction to minimise disruption and maximise the sustainable outcomes for the hospital.”

Today’s contract marks the second time PKD has teamed up with St John, having previously consulted with the hospital provider in February.

Additionally, PKD signed a second contract earlier this month with Axiom Properties (AXI) and the University of South Australia.

Company shares were trading 6.12 per cent in the green at 5.2 cents per share at 1:49 pm AEST.

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