Peninsula Link

Peninsula Link is a 27 kilometre four lane motorway connecting the Frankston Freeway-EastLink Interchange at Carrum Downs to the Mornington Peninsula Freeway at Mount Martha.

Project

Peninsula Link

Value

$849 million (net present value, as at February 2010)

Status

Service delivery commenced

Department or agency

Department of Transport

Private sector partner

Southern Way, consisting of Abigroup, Lend Lease Infrastructure Services Pty Ltd and Bilfinger Project Investments Australia Pty Ltd.

Description

Peninsula Link is a 27 kilometre four lane connection between the Frankston Freeway-EastLink Interchange at Carrum Downs and the Mornington Peninsula Freeway at Mount Martha.

The public private partnership (PPP) contract was awarded to the Southern Way consortium on 20 January 2010 and financial close was achieved on 8 February 2010.

The PPP availability model requires Southern Way to design, build, finance, operate and maintain Peninsula Link, with Government providing quarterly payments for delivery of ongoing services based on key performance indicators.

Construction of the project commenced in February 2010, with the road being opened to traffic on 17 January 2013. Peninsula Link reduces travel times between Carrum Downs and Mount Martha and facilitates tourism and business travel to the Peninsula.

The Linking Melbourne Authority managed the procurement of the road.

Contact information

Daniel Cassar
Director, Network Integration and Assurance
Phone: 03 8391 7194
Email: daniel.cassar@roads.vic.gov.au

Related information

Tenders VIC - Peninsula Link Project Contract - PLPD2010

Reviewed 17/12/2019
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