Ann: HRL Awarded Major Contract in New Zealand, page-5

$2mil is possible, but I think a bit high. Chorus has 602 exchange building of various sizes and ages and then they obviously want another 200 odd buildings or locations tested, which could range from the head office to more likely locations like depots around the country. Based on locations and travelling times you could expect each one to take 4 hrs to get to and sample, then you still need to run a series of tests against the samples then write reports.

The tests would be done in larger samples so time savings there, but it could be possible to earn $2.5k in revenue per site. Could be good revenue earner, and margins if they do it all logically, and Chorus provide easy quick access to locations etc.

Does anybody have details on the chch contract win?