First public transport PPP a step closer
Australia's first regional light rail network and public passenger transport project to be delivered as a public private partnership (PPP) has cleared another hurdle.The request for proposal
Australia's first regional light rail network and public passenger transport project to be delivered as a public private partnership (PPP) has cleared another hurdle.
Corrs was initially appointed for the development of the project's business case, which was delivered in April 2009, and this role was later expanded to include finalising the project's delivery strategy and procurement planning.
According to Corrs, work for the business case included a market sounding process and obtaining feedback on the feasibility of a light rail PPP from key players.
The project was one of Infrastructure Australia's nine "priority" projects in the 2009 Federal Budget, and received $365 million in federal funding from the Building Australia Fund.
Since late 2009, Corrs has played been preparing the expression of interest (EOI) documentation, participating in EOI evaluations and preparing RFP documentation, and is now advising on the interactive bid phase, with proposals expected by late 2010.
The Corrs team is led by partner Peter Schenk, along with partners David Warren and Simon Ashworth and lawyers Sian Reece, Airlie Fox, Nerida Haberkern and Kip Fitzsimon.
Gadens is acting for the Gold Coast City Council, while Johnson, Winter & Slattery is acting for the TransLink Transit Authority.