NBN Co has awarded a contract to Visionstream, a subsidiary of Leighton Holdings Limited, to roll out fibre optic broadband in Victoria, Queensland and southern NSW.

The contract is valued up to $334 million over two years, with two one-year options to renew, and adds to the existing NBN construction efforts of Silcar in NSW and Queensland and Transfield in Victoria.

NBN Co chief operating officer Ralph Steffens says, “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.”

Visionstream has extensive experience in the design, construction and maintenance of telecommunications networks.

The company is already responsible for the rollout of the NBN in established communities in Tasmania and in new developments in Victoria and Queensland. The company is also building the first stage of the NBN transit network, which connects communities to the network via rings of backbone fibre-optic cables.

The contract was awarded following a select tender process, and its value is within the Corporate Plan targets.

The National Broadband Network aims to deliver fast, affordable and reliable broadband to every Australian by 2021.