Project Name:
Sydney Metro City & Southwest (SMCSW) Operations, Trains and Systems 2 (OTS2) PPP
Delivery Agency:
Sydney Metro
Project Description:
The Sydney Metro City & Southwest project extends the metro railway from Chatswood under Sydney Harbour, through the CBD and beyond to Bankstown.
The project includes two components:
a) Chatswood to Sydenham: new 15.5 kilometre twin tunnels from Chatswood, under Sydney Harbour through the Sydney CBD to Sydenham, with new stations being delivered at Crows Nest, Victoria Cross, Barangaroo, Martin Place, Pitt Street and Waterloo along with new underground platforms at Central Station, and
(b) Sydenham to Bankstown: upgrading and converting the T3 Bankstown Line to metro standards between Sydenham and Bankstown with all stations to be fully accessible with lifts and level access between platforms and trains.
When complete, Sydney will have 31 metro railway stations and a 66km standalone metro railway system.
SMCSW is being delivered through multiple contract packages including (but not limited to) a tunnelling package, multiple stations packages and a line-wide contract. The OTS2 package is an availability PPP where the State will retain demand risk. A substantial State contribution will also be made during construction. The OTS2 PPP is an augmentation to the existing (Northwest) OTS PPP and has been structured so that on the "OTS Incorporation Date", the OTS Project Deed will fall away as a standalone document and the Sydney Metro Northwest and Sydney Metro City will be governed by the OTS2 Project Deed. The OTS2 Project Deed will also govern the on-going delivery and subsequent operation and maintenance of Sydney Metro Southwest when it is completed.
Additional information is available on the Sydney Metro website: https://www.sydneymetro.info/citysouthwest/project-overview
Private Sector Partners:
Northwest Rapid Transit, MTR Corporation (Australia) and Plenary Group, and includes the key roles of:
- Systems integrator and investor – MTR
- Principal commercial adviser, investor and financial arranger – Plenary Group
- Operator – Metro Trains Sydney
- Trains and signalling key subcontractor – Alstom
- Communications key subcontractor – Thales
- Radio key subcontractor – UGL
- Platform screen door key subcontractor – Gilgen.
Project Details:
Financial Close: 4 December 2019
Contract value: $3.7 billion contract package, which includes $1.7 billion for new metro trains and core rail systems as well as a $2 billion operations and maintenance component for NRT to operate the combined North West and City and Southwest lines until 2034.
Contract term: May 2034
Estimated Completion: 2024
Related Documents:
Project Summary: View Summary
Project Agreements: https://www.transport.nsw.gov.au/industry/contracts-awarded
