Inland rail tracks second phase of market testing
THE second phase of the market testing process for private sector involvement in the Inland Rail project will begin early next year.
Federal Minister for Finance, Mathias Cormann said the second phase would seek views on the preferred delivery model of the four shortlisted options – or alternatives put forward by the participants in the first phase of market testing.
The process would also consider the willingness and capacity of nominees to participate in the shortlisted options and it would also develop a further understanding of the various risks associated with the delivery of Inland Rail;
Nominees would also be assessed on their “capacity to enhance the performance and value of Inland Rail”, Senator Cormann said, “including design and operation”.
The market testing second phase would also look at potential project level procurement models for the design and construction of Inland Rail.
“Market testing meetings will be held in late January and early February 2017,” Senator Cormann said. “This is the next step in ensuring Inland Rail is construction ready
“The Coalition Government is committed to ensuring that our national freight network is as efficient and effective as possible, this includes delivering the largest transport project in Australia – Inland Rail from Melbourne to Brisbane.”
www.finance.gov.au/market-testing/Inland-Rail
ends