Client Agency:
RMS
Project Description:
The project involved design, construction, finance and operation of a 2.3 kilometre, four lane underwater tunnel running below Sydney Harbour. It provides an alternative cross-harbour route, dramatically easing traffic congestion on the Harbour Bridge during peak travel times.
After the end of the concession the tunnel ownership will pass to RMS.
Further information can be found at the RMS website.
Private Sector Partners:
The Transfield-Kumagai Joint Venture and Westpac.
Project Details:
Contract value: $670 million (Estimated Amount Payable at the time of the contract award)
Contract term: Jun-1987 to Aug-2022
Operation began: 30-Aug-1992