Goodbye job applications, hello dream career
Seize control of your career and design the future you deserve with LW career

Billion-dollar upgrade set for Warringah Freeway

Global law firm Ashurst has advised Transport for NSW on a new contract set to allow for a billion-dollar upgrade to the Warringah Freeway.

user iconEmma Musgrave 16 September 2021 Big Law
Billion-dollar upgrade set for Warringah Freeway
expand image

Firm: Ashurst (Transport for NSW).

Deal: Transport for NSW has been advised on the contract with the CPB Contractors/Downer EDI Works joint venture in relation to the Warringah Freeway upgrade.

Value: $1.18 billion.

Advertisement
Advertisement

Area: Finance.

Key players: The Ashurst team was led by partner Krista Payne and included senior associates Meredith Riley, Hannah Freeman, Mathieu Nolin and Marya Atmeh, lawyers Jessica Srour and Cass Ludeman, and graduate Harrison Xu.

Deal significance: The billion-dollar upgrade is set to reduce congestion and simplify the complex road corridor.

According to Ashurst, the upgrade is the first major works package to be procured by Transport in relation to the Western Harbour Tunnel and Beaches Link Program.

“It is also the first major road project to be procured under an incentivised target cost contract, which encourages collaboration between the Contractor and Transport. This collaboration contracting model is designed to encourage efficiencies throughout the project and improve value for money,” Ashurst said.

Commenting on the contract, partner Krista Payne said: “I am delighted to have lead the Ashurst team advising Transport on the procurement of the Warringah Freeway Upgrade Project”.

“This upgrade project is the first step in the Western Harbour Tunnel and Beaches Link project which will transform the road experience for the community, making it easier, faster and safer to get around Sydney. Congratulations to everyone involved from the Transport team and the CPB/Downer JV.”

You need to be a member to post comments. Become a member for free today!

Tags