Regional Rail Fleet Project Awarded to Momentum Trains by Transport for NSW
Awarded 15 Feb 2019
About
Transport for NSW (Legacy Transport Infrastructure Projects) awarded a contract to Momentum Trains Pty Ltd for the Regional Rail Fleet Project.
The contract covers financing, design, construction, and maintenance of a new fleet of 117 carriages forming 10 regional intercity trains, 9 short regional trains, and 10 long regional trains.
It also includes design, build, maintenance, and operation of a new train maintenance facility in Dubbo, as well as upgrading, operating, and maintaining the Sydenham Maintenance Centre.
The total budget is $2.8 billion, comprising $1.26 billion in capital costs and recurrent maintenance costs for the first 15 years.
The Project Deed was entered on 14 February 2019 and became effective on 15 February 2019.
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