Ventia Services Extends contract with WA government
- Ventia Services (VNT) extends its contract with the Western Australia government to provide court security and custodial services
- The new agreement is valued at around $229 million over a four-year term commencing in March, with the potential to extend the contract for a further five years
- Group Executive Defence and Scial Infrastructure Derek Osborn says the company has proven it can deliver the required services with a “culture of care”
- “The unique and dynamic challenges involved in a contract like this requires an operator that is able to balance security and welfare in complex operating environments.”
- Shares in the company Services Group are down 1.87 per cent, trading at $2.37 at 1:25 pm AEDT
