Client Agency:
Sydney Water Corporation
Project Description:
The project requires the private sector to finance, design, build, own and operate the Prospect Water Filtration Plant (WFP) and the Prospect Supernatant Filtration Plant (PSFP) at Prospect Reservoir.
Private Sector Partners:
Prospect Partnership comprising of Lyonnaise (Prospect) Pty Ltd, Lend Lease Water Services Pty Ltd and P&O (Prospect) Pty Ltd
Project Details:
Contract value: $200 million (Estimated Total Cost at the time of the contract award)
Contract term: 10 September 1993 to 1 December 2026
Operation began: June 1996 (WFP) and January 2002 (PSFP)
Project Details:
31 January 2001
Upgrade to the Water Filtration Plant (WFP) was commissioned which involved the construction of the Prospect Supernatant Filtration Plant (PSFP). To provide the PSFP, Sydney Water entered into a Supernatant Filtration Plant-Delivery Agreement and a Restated and Amended Water Filtration Agreement with the Partnership. The $20 million PSFP project was completed and successfully commissioned on 11th January 2002. The PAFA guarantee was extended to cover the PSFP and reissued on 31 January 2001 for a 25 year concession period.
