Background informationProject Created: October 2, 2008
Year in Operation:
Toll Road project in Australia, linking the Eatsern Freeway in the north-east of Melbourne to the Frankston Freeway in the south east. Tollway includes tunnels, 88 separate bridges, 17 major interchanges and a 40 km dedicated shared-use path for pedestrians and cyclists.
Delivery Method as described in the country where it's located:
Public Private Partnership
Is the project still active:
Completed in 39 months. Largest road project in history of Australia as of 2008.
Australia, Commonwealth of
Souces of Project Support (Non-monetary)
Revenue Stream (Cash Flow) Protected Through Long Term Commitment(s) of Public Sponsor(s)
Souces of Project Support (Monetary)
From Private Capital Markets Directly to Producers as Debt
From Producers as Equity
Project Delivery & Finance Method
All Public Finance. Public Sponsor contracts for initial design, and separately contracts for initial construction. Public Owner operates and maintains the resulting facility.
Is there an independent checking engineer? Yes
Project Finance Method: All By Private Sponsor
Qualifications Based Selection
Request for Qualifications
Request for Proposals
Invitation for Bids
Term for Key Components & Forms of Contract
Combined Term: Initial Design, Construction, O&M Period