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Clayton Utz closes Peninsula Link deal
Clayton Utz announced Monday the its involvement in the closure of the $759 million Peninsula Link project in Victoria. The firm's Major Projects team has been advising the Linking Melbourne…
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Clayton Utz announced Monday the its involvement in the closure of the $759 million Peninsula Link project in Victoria.
In a statement issued this week, lead partner Marko Misko said he was proud to work alongside the Victorian Government and the Linking Melbourne Authority on such an innovative and forward-looking project.
"The Peninsula Link project was ... achieved by utilising innovative tendering processes, sophisticated risk allocation and highly streamlined project documentation developed by Clayton Utz," he said.
"As a result, significant time efficiencies were gained and project bid costs for both the State and private sector bidders were minimised.
Misko added that the pragmatic, "can-do" attitude and leadership of the Linking Melbourne Authority was a key contributor to achieving the ambitious deal-closing targets.