RFEOI issued for US$6 billion road project in Australia

Subscribe to our newsletter and get the latest news and business opportunities in your inbox
RFEOI issued for US$6 billion road project in Australia

The North East Link Authority, on behalf of the Victorian Government, has published a Request for Expressions of Interest (RFEOI) to deliver the Primary Package of North East Link.

North East Link comprises a series of roadworks that will complete the missing link in Melbourne’s orbital freeway, to the north-east of the city centre. It involves an upgrade to the M80 Ring Road for approximately 2km; the construction of a new 11km freeway, twin three-lane tunnels, approximately 6km in length passing under the Yarra River and Banyule Flats, and five new interchanges, and a major upgrade to approximately 10km of the Eastern Freeway, with a further upgrade to 7km between Bulleen Road and Merri Creek. It is the largest investment in a road project in the history of Victoria, a state in the south-east of Australia.

Procured as an availability public private partnership, the Primary Package includes the construction of the twin tunnels, submission of a concept design for aspects of North East Link and on-going responsibility for operating and maintaining the entire North East Link corridor. The total investment required is estimated to be between AUD7 and 9 billion (US$5.1 and 6.5 billion).

The RFEOI is the first step in an anticipated 18-month procurement process. Following the reception of expressions of interest, the Authority will create a shortlist of potential bidders that will be invited to submit detailed tenders as planning and environment requirements become clear. 

Construction is expected to start in 2020 after the Environment Effects Statement (EES) process is complete and planning approvals have been received. North East Link is scheduled to open in 2027.

Once built, the missing link is projected to take 63,000 vehicles off local roads every day and cut travel times by up to 30 minutes. An approximately 10km dedicated busway will deliver 30% travel time savings for buses.

An RFEOI has also been issued for the AUD200 million (US$144.8 million) Early Works package. The selected Managing Contractor will undertake critical enabling works for the Link, minimising critical interfaces to de-risk North East Link and facilitating efficient and value for money delivery. Construction is also expected to start in 2020 after environmental and planning approvals are in place. 

The submission deadline for the Primary Package RFEOI is 10 May 2019. For information on how to respond, see the Business Opportunity.

List of country news

Country news

  • October 19, 2018

    Registrations of Interest sought for multi-billion dollar road PPP in Australia

    The North East Link Authority (NELA) has announced that it is inviting registrations of interest (ROI) from the market for the primary package for the North East Link, a proposed new freeway in north-east Melbourne, the state capital of Victoria, south-east Australia. The business case estimates the project to cost around AUD16 billion (US$11.4 billion).

    Read more
  • October 11, 2018

    Plenary completes US$460 million refinancing of road PPP in Australia

    Plenary Group has announced that it has completed a AUD646 million (US$458.5 million) refinancing of the Peninsula Link, a 27km toll-free road between Carrum Downs and Mount Martha in the south-east of Melbourne, Australia.

    Read more
  • October 04, 2018

    Private parties invited to register interest in US$1 billion rail project in Australia

    The Australian Rail Track Corporation (ARTC) has opened a Registration of Interest (ROI) process for the Inland Rail PPP project. This involves the design, construction, financing and maintenance of a 130km railway between Gowrie and Kagaru, in the northeastern state of Queensland.

    Read more
  • July 27, 2018

    CEFC and Morrison & Co. to launch AUD1 billion green infrastructure fund

    Australia's Clean Energy Finance Corporation (CEFC) and alternative asset manager Morrison & Co have announced plans to launch a specialist AUD1 billion (US$739.1 million) ‘green’ infrastructure fund.

    Read more
  • September 18, 2018

    IFM Investors-led consortium proposes AUD15 billion rail project in Melbourne

    A consortium of private investors has announced a detailed plan to develop a rail link between Melbourne Airport and the city's Central Business District (CBD), with a total investment of AUD15 billion (US$10.76 billion).

    Read more

Share this news

Join us

In order to get full access to News section, you must have a full subscription. You can check all the benefits of becoming a member and purchase a subscription on our membership page.