• Ventia awarded road maintenance contracts in Grampians and Eastern metropolitan regions of Victoria
• Contracts valued at approximately $340 million over 4-year base term
• Ventia to provide comprehensive road network maintenance, inspections, hazard rectification and minor capital works

Ventia Services Group Limited (ASX: VNT) has been awarded contracts by the Victorian Department of Transport and Planning (DTP) to deliver road maintenance services in the Grampians and Eastern metropolitan regions under the Victorian Road Maintenance Contract (VRMC) model. Ventia estimates the contracts have a combined value of approximately $340 million over the four-year base term. This estimate comprises routine maintenance works, together with indicative high-level forward estimates for planned maintenance programs and minor capital works, which are subject to state government budget approvals and road network priorities. The contract terms have options to extend two years (+2) for the Grampians, and four years (2 + 2) for the Eastern Metropolitan contract. Under the VRMC, Ventia will provide comprehensive road network maintenance, inspections, hazard and defect rectification, emergency response and minor capital works across rural and metropolitan arterial roads. Dean Banks, Managing Director and Group CEO, said the award reflects Ventia's growing role as a partner of choice for long-term road network management. 'With decades of experience providing operations and maintenance across the Transport sector, these contracts will see Ventia support safe, reliable journeys for communities across regional and metropolitan Victoria, while delivering value for the State over the life of the assets,' Mr Banks said. Contract commencement is expected from 1 July 2026.

Ventia estimates the contracts have a combined value of approximately $340 million over the four-year base term, comprising routine maintenance works, planned maintenance programs and minor capital works.