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Clayton Utz closes Peninsula Link deal
Clayton Utz announced Monday the its involvement in the closure of the $759 million Peninsula Link project in Victoria. The firm's Major Projects team has been advising the Linking Melbourne…
Lawyers Weekly
Clayton Utz announced Monday the its involvement in the closure of the $759 million Peninsula Link project in Victoria.
In a statement issued this week, lead partner Marko Misko said he was proud to work alongside the Victorian Government and the Linking Melbourne Authority on such an innovative and forward-looking project.
"The Peninsula Link project was ... achieved by utilising innovative tendering processes, sophisticated risk allocation and highly streamlined project documentation developed by Clayton Utz," he said.
"As a result, significant time efficiencies were gained and project bid costs for both the State and private sector bidders were minimised.
Misko added that the pragmatic, "can-do" attitude and leadership of the Linking Melbourne Authority was a key contributor to achieving the ambitious deal-closing targets.
