CORRS Chambers Westgarth has advised the Queensland Department of Transport on a major rail PPP deal.
Gold Coast Rapid Transit, the first light rail network in any regional Australian city and the first public passenger transport project to be delivered as a PPP in Australia, has passed another milestone with the RFP documentation released to the shortlisted bidders on 2 July 2010.
Corrs has advised the Queensland Department of Transport and Main Roads on the project since 2007. The firm was initially appointed for the development of the project’s business case, which was delivered in April 2009.
Corrs lawyers said the work for the business case included conducting the market sounding process, obtaining detailed feedback on the feasibility of a light rail PPP from key players in the international light rail market and key participants in the Australian PPP market.
The role was later expanded to include finalising the project’s delivery strategy and procurement planning.
The project was one of Infrastructure Australia’s nine priority projects in the 2009 Federal Budget, receiving $365 million in federal funding from the Building Australia Fund, the firm said.
Since late 2009 Corrs helped prepare the EOI documentation, participating in EOI evaluation and preparing the RFP documentation. Corrs are now advising on the interactive bid phase of the project with proposals expected in late 2010.
The Corrs team is led by partner Peter Schenk, along with partners David Warren and Simon Ashworth and lawyers Sian Reece, Airlie Fox, Nerida Haberkern and Kip Fitzsimon.