DGAP-News

RIB Software AG: RIB Software AG (RSTA) signs a Phase I iTWO Cloud deal for Project Control and Collaboration for $480M Wheatstone Project with Downer Australia

DGAP-News: RIB Software AG / Key word(s): Contract
RIB Software AG: RIB Software AG (RSTA) signs a Phase I iTWO Cloud
deal for Project Control and Collaboration for $480M Wheatstone
Project with Downer Australia

23.07.2014 / 10:38

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23-07-2014

RIB Software AG (RSTA) signs a Phase I iTWO Cloud deal for Project Control
and Collaboration for $480M Wheatstone Project with Downer Australia

Sydney, Australia, 23 July 2014. Downer EDI Limited (Downer) has announced
that it will implement the RIB iTWOcx Cloud Project Document Management,
Collaboration and Governance Platform to deliver a trustworthy and
auditable project management system for their downstream portion of the
Chevron-operated Wheatstone Project in Western Australia. The Downer
contract, valued at approximately A$400 million, will commence onsite late
2014.

Downer will deploy the iTWOcx Core, iTWOcx Quality, iTWOcx Contract
Management and iTWOcx Defects modules for Wheatstone. The project will be
run out of Downer's Perth office and will provide project capability for a
variety of construction trades, mainly electrical and instrumentation.
There will also be a number of new project administration and functional
support roles located in Downer's Perth office.

More broadly, Downer have made a strategic decision to use iTWOcx as the
strategic platform for Contractual Documentation, Quality Management and
Conformance, Contract and Variation Management and Defect Management across
their diverse project portfolio.

Downer are also studying the iTWO End-To-End Digital Engineering and
Infrastructure Platform with a view to proving the benefits of adopting the
RIB New Project Thinking and New Working Method.

Ian Watt, Regional Director of RIB ANZ said "Downer put RIB iTWO through a
very rigorous and thorough selection process and we are proud to be
selected to underpin this important project win for Downer. This will be
the first of many and RIB looks forward to iTWO being adopted as the Downer
Win and Delivery Platform"

Sanjay Sivanandan, President of RIB Asia Pacific & Middle East said "We are
delighted to have Downer as a client, utilizing our world leading iTWO
cloud collaboration technology. The adoption of our iTWO cloud technology
has started to grow rapidly within the ANZ and Asia Pacific Region, as it
offers clients clear benefits in improving their transparency,
effectiveness and profitability whilst reducing their risk and costs.