MONDAY, JANUARY 15, 1979
CONSULTANCY AGREEMENT SIGNED
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THE PUBLIC WORKS DEPARTMENT AND TRANSMARK TODAY (MONDAY) SIGNED THE FINAL CONSULTANCY AGREEMENT UNDER WHICH TRANSMARK IS TO PROVIDE THE NECESSARY RAILWAY MANAGERIAL AND FUNCTIONAL GUIDANCE TO ENSURE THAT THE OVERALL OBJECTIVE OF IMPLEMENTING AN ELECTRIFIED RAILWAY SERVICE IS ACHIEVED.
THE CONTRACT WAS SIGNED THIS AFTERNOON BY THE DIRECTOR OF ENGINEERING DEVELOPMENT, MR. DAVID STEAD, AND MR. H. SAMUEL, PROJECT MANAGER OF TRANSMARK.
ALSO PRESENT AT THE SIGNING CEREMONY WERE MR. D.M. HOWES, GENERAL MANAGER OF KOWLOON-CANTON RAILWAY- MR. M.K. WONG, PRINCIPAL GOVERNMENT CIVIL ENGINEER OF PWD'S CIVIL ENGINEER ING OFFICE AND MR. STEVE TAYLOR OF TRANSMARK.
SPEAKING AFTER THE SIGNING CEREMONY, MR. STEAD SAID TRANSMARK WOULD BE RESPONSIBLE FOR CO-ORDINATING AND PLANNING THE INPUT OF ALL PARTIES CONCERNED WITH THE CONSTRUCTION OF THE PROJECT.
THEY WOULD ALSO PROVIDE CERTAIN ESSENTIAL ADVISORY SERVICES AND OTHER ASSISTANCE TO KCR, PWD AND OTHER INVOLVED PARTIES.
+THE CONSULTANCY IS ESTIMATED TO LAST FOR A PERIOD OF ABOUT FOUR YEARS AND TO COST ABOUT $30 MILLION,+ MR. STEAD SAID.
→TRANSMARK WILL PREPARE AND SUPERVISE A CONTRACT FOR THE SUPPLY OF NEW ELECTRIC ROLLING STOCK FOR THE KCR AS WELL AS CONTRACTS FOR THE SUPPLY AND INSTALLATION OF SIGNALLING EQUIPMENT AND ELECTRIC POWER SUPPLY AND OVERHEAD LINE DISTRIBUTION EQUIPMENT.
+THEY WILL ALSO DESIGN AND SUPERVISE CONSTRUCTION OF A NEW ROLLING STOCK DEPOT AT SHA TIN AS WELL AS VARIOUS OTHER CIVIL ENGINEERING WORKS.+
MR. STEAD POINTED OUT THAT THE TOTAL VALUE OF WORK FOR WHICH TRANSMARK WOULD BE RESPONSIBLE WOULD BE ABOUT $650 MILLION, BUT THEIR PLANNING AND CO-ORDINATING RESPONSIBILITY WOULD COVER ALL RAILWAY MODERNISATION AND ELECTRIFICATION PROJECTS, THE TOTAL VALUE OF WHICH WOULD EXCEED $1,500 MILLION.
THE CONSULTANTS MANAGEMENT DIVISION OF THE CIVIL ENGINEER ING OFFICE WILL BE RESPONSIBLE FOR MANAGING THE CONSULTANCY.
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