Saunders International (ASX:SND) Wins Four Water Infrastructure Panels Across Four States

Sonal Goyal

26 October 2026 03:01 PM AEDT

Saunders International (ASX:SND) Wins Four Water Infrastructure Panels Across Four States

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Key Highlights

Four multi-year arrangements were secured across NSW, WA, Queensland and Victoria.
The arrangements provide access to about $2 billion of forecast capital works over five years.
Panel and supplier appointments cover three new water markets.
A Greater Western Water framework agreement was extended for two years.

Saunders International Limited (ASX:SND) announced on 26 October 2026 four multi-year arrangements across four states in the Australian water market, adding to its national water business following the integration of Saunders Aqua Metro.

New panel and supplier appointments

In New South Wales, Saunders was appointed to MidCoast Council's Water and Sewer General Works Delivery Panel for an initial four-year term with two optional one-year extensions, covering design and construction and construct-only services. In Western Australia, it gained Water Corporation capital works prequalification through to 2029. In Queensland, it was appointed to a Cairns Regional Council panel for an initial five-year term.

Framework extension

In Victoria, the Greater Western Water framework agreement was extended for two years.

Scale of programs

Together the arrangements provide access to approximately $2 billion in forecast capital works programs over the next five years. The company described them as supporting its strategy to grow annuity-style revenue portfolios and improve earnings resilience.

Council details

The Cairns Regional Council panel covers infrastructure works across water, wastewater and civil projects for an initial five years with an option for a further five, and the council has allocated $206 million to capital infrastructure in its FY2027 budget. The Greater Western Water capital works framework has been in place since 2022 and is renewed subject to individual project awards.

Saunders said the arrangements build on the integration of Saunders Aqua Metro and extend its offering into regional water and wastewater projects, with the MidCoast Council appointment building on an existing civil infrastructure relationship with that council.

Why This Could Matter

Panel appointments allow a contractor to tender for work within a program but do not guarantee awards, so the $2 billion figure represents forecast spending that the company can bid for rather than contracted revenue. The appointments broaden the geographic base of Saunders' water work from existing frameworks into three new markets.

Wrapping Up

Saunders International (ASX:SND) secured four water arrangements spanning NSW, WA, Queensland and Victoria, with access to about $2 billion in forecast capital works over five years.

FAQs

Q: What did Saunders (ASX:SND) announce?

A: Four multi-year water arrangements across four states.

Q: How long is the MidCoast Council term?

A: An initial four years with two optional one-year extensions.

Q: What is the forecast program size?

A: About $2 billion over the next five years.

Q: Is the work guaranteed?

A: The arrangements provide access to programs; they are panel appointments rather than contract awards.

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