Sydney Light Rail, Sydney, Australia
Client: Capella Capital
Services: Cost Management & Quantity Surveying, Advisory
This project involves the introduction of significant transport infrastructure into Sydney. The CBD and South East Light Rail, also known as Sydney Light Rail, provides 12 kilometres of light rail running from Circular Quay to Central Station and then via Surry Hills and Moore Park to Kingsford and Randwick.
Once completed, it will deliver 12 kilometres of new light rail track, connecting to the existing Inner West Light Rail line, forming a 26-kilometre corridor, with 19 new stops, a new depot and stabling facility.
Coupled-together light rail vehicles will be able to carry 450 passengers (the equivalent of nine standard buses) to meet increased demand.
The ALTRAC consortium will be the operator and maintainer of the full light rail corridor for a concession period of 15 years.
RLB provided technical and financial due diligence on behalf of a bidding consortium for the assurance of the debt and equity investors. This technical advisor role encompassed all aspects of the bid, including producing a ‘shadow’ cost estimate and program for analysis with the bid proposal.