The National Broadband Network Co (NBN Co) has announced it has awrded a major contract to Transfield Services for the roll out of fibre optic broadband cable in the Sydney metropolitan and suburban areas.

The $170 million contract will run for two years, with two one-year options to renew that could see the value of the contract extend to $300 million.

The contract will add to the work being undertaken by Theiss-Siemens joint venture Silcar in NSW.

NBN Co Chief Operations Officer, Ralph Steffens said: “Under the contract announced today

the contractor will be responsible for the rollout of the passive network from the fibre access node (FAN) all the way to the box outside the home, making it ready to connect to the network when the occupants order a service from their chosen provider.”

"This is a great opportunity for Transfield Services to continue to be part of one of Australia's most significant infrastructure projects ever undertaken,” said Graeme Hunt, Transfield Services’ Managing Director and CEO. 

“Our extensive experience in the end-to-end delivery of services to substantial infrastructure assets positions us to benefit from the ongoing investment in the NBN.”