VICTORIAN Premier Denis Napthine and Treasurer Michael O'Brien last week announced that three consortia – comprising global and Australian construction companies – have been shortlisted to deliver Melbourne's multibillion East West Link project.
After considering four expressions of interest to deliver the project, the government has shortlisted submissions from East West Connect, Inner Link Group and Momentum Infrastructure, with the contract due to be awarded in late-2014 and construction expected to be completed by 2019-2020.
Members of the three consortia, who will be invited to participate in the Request for Proposal stage later this month, include:
- East West Connect Consortium: Capella Capital, Lend Lease, Acciona and Bouygues;
- Inner Link Group Consortium: Cintra Infraestructuras S.A, Retail Employees Superannuation, Samsung C&T Corporation, Ferrovial Agroman (Australia), Ghella, Transfield Services (Australia), and Macquarie Capital (Australia) Pty Ltd; and
- Momentum Infrastructure Consortium: John Holland, Dragados Australia, Leighton Contractors, Iridium Concesiones de Infraestructuras S.A and The Bank of Tokyo – Mitsubishi UFJ.
Dr Napthine described the shortlisted consortia as the strongest field ever assembled for a major Australian construction project. "We have assembled the global might of the world's leading tunneling firms, as well as every major Australian construction firm," Dr Napthine added.
Treasurer Michael O'Brien said all shortlisted bidders had strong financial credentials that would support the project moving quickly to the construction phase in 2014, adding that he expected the tender process to deliver value for money for Victorian taxpayers.
"The Coalition Government has done its due diligence to ensure the East West Link will be a success and deliver value for money for Victorians, in partnership with the private sector," Mr O'Brien said.
"The 2013-14 Victorian Budget has allowed for the state's full contribution for the delivery of Stage One of the East West Link, and we welcome the Abbott Government's commitment of $1.5 billion to help deliver the project."
The proposed 18 kilometre East West Link, connecting the Eastern Freeway at Hoddle Street with the Western Ring Road at Sunshine West, is expected to be delivered in three stages: Eastern Freeway to CityLink; CityLink to Port of Melbourne; and Port of Melbourne to Western Ring Road.
The three shortlisted companies are being considered for the first stage of the project, which involves an estimated $6-8 billion link from the Eastern Freeway at Hoddle Street to the Tullamarine Freeway (CityLink) at Parkville.