• Veris secures major engineering survey contract for Suburban Rail Loop East, Tunnels North package
• Contract valued at $16-$20 million over 3.5 years
• Scope includes engineering survey services, data management and digital solutions

Veris Limited (ASX:VRS), a digital and spatial data advisory and consulting firm, has been awarded a significant contract to deliver engineering survey services for the Suburban Rail Loop East, Tunnels North package in Victoria. The contract, awarded by consortium Terra Verde, comprising WeBuild S.p.A, GS Engineering and Construction Australia, and Bouygues Construction Australia, is expected to generate between $16 million and $20 million in revenue for Veris over the next 3.5 years, with work anticipated to commence later this month. The scope of works to be performed by Veris will include engineering survey services, data management and digital solutions. This award reinforces Veris' position as a trusted partner in delivering data-led precision engineering survey solutions for complex infrastructure projects. The Suburban Rail Loop is a multi-generational investment that will transform Victoria's public transport system and deliver enormous social benefits. The contract forms part of the Suburban Rail Loop East, Tunnels North package, covering 10km of twin tunnels between Glen Waverley and Box Hill. With the execution of this contract, Veris' secured forward workload has increased to over $65 million, providing a strong foundation of committed work to be delivered over the medium to long term.

The contract is expected to generate between $16 million and $20 million in revenue for Veris over the next 3.5 years.

The award of this contract reinforces Veris' position as a leading provider of integrated engineering survey services, backed by extensive experience in supporting complex transport infrastructure projects. The contract also contributes to a robust forward-looking orderbook, supporting revenue visibility and operational planning.