Delivery Agency:
RMS
Project Description:
In March 2012, the NSW Government received an Unsolicited Proposal from Transurban and Westlink M7 shareholders to design, build, operate, maintain and finance a tolled motorway tunnel linking the M1 Pacific Motorway (formerly the F3 Freeway) at Wahroonga to the Hills M2 Motorway at West Pennant Hills. A Stage 3 detailed proposal was received on 27 November 2014.
Contractual and financial close on the Project was reached on 31 January 2015. The Project was developed under the NSW Government Unsolicited Proposals Guide: Submission and Assessment, February 2014.
The Lend Lease Bouygues joint venture will Design and Construct NorthConnex.
The project involves:
- Twin 9km motorway tunnels
- Built with long term capacity for three lanes but will initially operate with two lanes
- Increased height clearance of 5.3m
- A northern interchange connecting with the M1 Motorway, the Pacific Highway and Pennant Hills Road
- A southern interchange connecting with the Hills M2 Motorway and Pennant Hills Road
The majority of the Project’s cost will be financed by Transurban and the Westlink M7 shareholders. The Australian and NSW Governments are contributing up to $405 million each.
Further information can be found on the NorthConnex website.
Private Sector Partners:
Private sector parties comprise: Transurban. Queensland Investment Corporation, Canadian Pension Plan, and Lend Lease Bouygues.
Procurement Details:
Contract value: $2.9 billion
Contract award: 31 January 2015
Begins operation: Expected 2020