Update 1: Four consortia submit EOIs for East-West highway PPP project in Melbourne

Subscribe to our newsletter and get the latest news and business opportunities in your inbox
Update 1: Four consortia submit EOIs for East-West highway PPP project in Melbourne Victoria Government has received expressions of interest from four groups to build the first stage of the East West Link. The bidders had until Thursday to make a formal submission.The Treasurer, Michael O'Brien, says a shortlist of up to three bidders will be determined by early October and they will have to put in tenders by the end of that month.The Government did not release a full list of the firms, but Mr O'Brien says local and international companies are represented. Last week, a list of bidders was released:East West ConnectInner Link GroupMomentum InfrastructureSicuroConstruction of the project is expected to commence in late 2014 with expected completion in 2019-20.Expressions of Interest for the East West Link will be evaluated based on six criteria:
  1. design, construction capability and experience
  2. operations, maintenance capability and experience
  3. stakeholder engagement
  4. financing capacity and capability
  5. commercial structure
  6. innovation.
The East West Link project is an 18-kilometre cross city connection north of the Melbourne central business district. The full East West Link dramatically improves the connectivity between Melbourne's established east and rapidly growing west, joining the Eastern Freeway at Hoddle Street with the Western Ring Road in Sunshine West.The East West Link project will be delivered as an availability PPP with the state initially retaining tolling and traffic risk.The East West Link Stage 1 has an estimated capital cost of between $6 billion and $8 billion.Source: Linking Melbourne Authority & InfraPPP's research
List of country news

Country news

  • September 16, 2013

    Investec to sell Australian wind farm

    South African bank, Investec Ltd., has announced that it is looking for buyers for a wind farm estimated to cost US$813 million, following a restructure of its Australian business. Read more
  • September 19, 2013

    PacificHydro reaches financial close for Portland wind warm

    Pacific Hydro has announced that its Portland Wind Energy Project, Read more
  • September 20, 2013

    Access Capital Advisers appoints new Chairman

    Access Capital Advisers announced on Sept. 28th that Janet Torney would become Chairman of its Board of Directors from the end of this month. Read more
  • September 27, 2013

    GIP receives bids for stake in Brisbane port

    Global Infrastructure Partners (GIP) has received bids for its 26.7 % stake in Australia's third-largest container port, the Port of Brisbane. Industry Funds Management (IFM) and Canada's Borealis Infrastructure may have made a bid for the stake, according to the Australian. Read more
  • September 30, 2013

    QIC acquires bankrupt CLEM7 tunnel in Brisbane

    Brisbane's Clem7 tunnel has been sold to Queensland Motorways for A$618 million - a fraction of the $3 billion it cost to build. RiverCity Motorway, the previous owner of the tunnel, was placed in receivership in February 2011, less than a year after it was opened to motorists as the company failed to attract the number of motorists that were forecast. 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.