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Billion-dollar upgrade set for Warringah Freeway
Global law firm Ashurst has advised Transport for NSW on a new contract set to allow for a billion-dollar upgrade to the Warringah Freeway.
Emma Musgrave
Firm: Ashurst (Transport for NSW).
Value: $1.18 billion.
Area: Finance.
Key players: The Ashurst team was led by partner Krista Payne and included senior associates Meredith Riley, Hannah Freeman, Mathieu Nolin and Marya Atmeh, lawyers Jessica Srour and Cass Ludeman, and graduate Harrison Xu.
Deal significance: The billion-dollar upgrade is set to reduce congestion and simplify the complex road corridor.
According to Ashurst, the upgrade is the first major works package to be procured by Transport in relation to the Western Harbour Tunnel and Beaches Link Program.
“It is also the first major road project to be procured under an incentivised target cost contract, which encourages collaboration between the Contractor and Transport. This collaboration contracting model is designed to encourage efficiencies throughout the project and improve value for money,” Ashurst said.
Commenting on the contract, partner Krista Payne said: “I am delighted to have lead the Ashurst team advising Transport on the procurement of the Warringah Freeway Upgrade Project”.
“This upgrade project is the first step in the Western Harbour Tunnel and Beaches Link project which will transform the road experience for the community, making it easier, faster and safer to get around Sydney. Congratulations to everyone involved from the Transport team and the CPB/Downer JV.”
Emma Musgrave
Emma Musgrave (née Ryan) is the managing editor, professional services at Momentum Media.
Emma has worked for Momentum Media since 2015, including five years spent as the editor of the company's legal brand - Lawyers Weekly. Throughout her time at Momentum, she has been responsible for breaking some of the biggest stories in corporate Australia. In addition, she has produced exclusive multimedia and event content related to the company's respective brands and audiences.
Prior to joining Momentum Media, Emma worked in breakfast radio, delivering news to the Central West region of NSW, before taking on a radio journalist role at Southern Cross Austereo, based in Townsville, North Queensland.
She holds a Bachelor of Communications (Journalism) degree from Charles Sturt University.
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