Decmil Group Limited (ASX: DCG) has bagged two contracts for Carmichael Rail Network to its Queensland business unit. Work is expected to commence immediately on both contracts.
- The first contract pertains to design and construction for rail accommodation valued at ~$40 million.
- The second is an initial Early Contractor Services (ECS) contract for $1.4 million to scope the bulk earthworks alongside primary freight rail alignment.
By 1:16 PM AEST, DCG was trading at $0.89, down by 0.5%.