Key Points:
This is the first time availability charge model PPPs
have been used for an Australian road PPP project.
What was the project?
The Peninsula Link Project brings the people of Frankston and
the Mornington Peninsula easier travel by connecting them to the
south end of East Link. The 27 km freeway standard road with 11
local road connections and more than 35 bridges cuts travel times
between Mount Martha and Carrum Downs dramatically.
The Victorian Government awarded the contract to deliver the
project to the Southern Way Consortium (which was formed by
Abigroup, Bilfinger Berger and the Royal Bank of Scotland).
What's so unusual about Peninsula Link?
The way it was delivered.
