In this article, we offer our insights in relation to a number
of the delivery models that are typically considered by proponents
of major water projects in Australia.
The water sector is facing unprecedented challenges as climate
change, population growth, ageing assets and competing interests
increase pressure for limited resources. While a multi-pronged
approach is required to address these risks, the upgrade of
existing assets and the development of new infrastructure will be a
vital part of this strategy.
Given the often substantial capital sums involved and the social
and economic importance of the projects themselves, it is critical
that governments select the optimum project delivery strategy to
maximise value and reduce the risk of cost overruns and delays.
There are a variety of contracting models that are typically
considered for the delivery of major water projects. Ultimately,
the model selected for a particular project will depend on a
combination of