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The Queensland Government has chosen its preferred consortia for two major packages of its $5.4 billion Cross River Rail Project, as well as its European Train Control System.
The successful consortia were as follows:
Tunnel, Stations and Development (TSD) public-private partnership
Preferred – Pulse
A CIMIC Group-led consortium, including Pacific Partnerships, CPB Contractors, UGL, BAM, Ghella and DIF
Rail, Integration and Systems (RIS) alliance
Preferred – Unity Alliance
Including CPB Contractors, UGL, Jacobs, AECOM
European Train Control System
Preferred – Hitachi Rail STS
CIMIC Group emerges as a big winner
The CIMIC Group said the Pulse consortium will deliver tunnelling works, new underground stations and ongoing maintenance services for the project.
CIMIC Group has led the development of Pulse’s proposal. Pacific Partnerships is the lead sponsor and will provide 49 per cent of the equity finance, with 51 per cent to be provided by DIF, BAM PPP PGGM and Ghella Investments & Partnerships.
CPB Contractors will deliver the design and construction in a joint venture with Ghella and BAM International with UGL delivering the mechanical and electrical (M&E) works. UGL will also provide maintenance services for the project over 24 years.
Revenue to the CIMIC Group companies will be approximately half of the project value and will be finalised at contract execution which will occur mid-2019.
RIS crucial for integrating the Cross-River Rail
The RIS package will provide critical operational, signalling and other support systems for the new 10.2km Cross River Rail link.
Crucial to the overall delivery of the Cross River Rail Project, it will deliver the design, supply and installation of the supporting rail systems and brownfield works to integrate Cross River Rail into the wider Queensland Rail train network.
The package includes:
This article first appeared on infrastructuremagazine.com.au
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