Awarded 23 Feb 2015
This is an awarded contract.
View Live TendersSydney Light Rail Public Private Partnership with ALTRAC Light Rail Partnership
About
Transport for NSW awarded a contract to ALTRAC Light Rail Partnership for the finance, design, construction, operation, and maintenance of a new light rail system for the CBD and South East Sydney, as well as the operation and maintenance of the Inner West Light Rail.
The Project Deed was signed on 17 December 2014, with financial close on 24 February 2015, and was subsequently varied in 2019 and 2021.
This PPP model is typical for large-scale transport infrastructure in NSW, transferring long-term operational risk to the private sector.
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