week_05 geoff outhred

BUIL1154 WEEK_05 Geoff Outhred on two Case Studies

BUIL1154 Lecture 31/3/11

Two Case Studies – PPPs

Geoff Outhred


RMIT University Slide 2

BOOT PROJECT – CITYLINK STRUCTURE

Victorian State Government

EPA DOI VICROADS

TRANSURBAN BANKS

SERVICE AGREEMENTCONCESSIONAGREEMENT

EIA

OTHER INVESTORS

LOANAGREEMENT - 70%

SHAREHOLDERSAGREEMENT – 30%

TRANSFIELDOBAYASHID & C PMS

Joint venture CITYLINKOperator

CONSTRUCTIONAGREEMENT

OPERATINGAGREEMENT

TotalSpend $1.5b



CITYLINK tollway Melbourne• BOOT (Build, Own,Operate,Transfer) project – a

special application of PPP• Between the Jeff Kennett State Govt. and a

private Joint Venture Concession company,Transfield Obayushi - Project Managers

• Govt. make land available to JV at no cost• 35 year operating period, after which tollway is

handed back to State Govt. in fully operationalcondition – no money changes hands

• Two short-listed JV companies submitteddetailed proposals. One accepted. Other paid forsubmission



CITYLINK stakeholder responsibilities• Govt. sets the regulations for the project (tolls etc.)• Govt. sets key performance criteria for infrastructure• Private operators are fully accountable for service provision• Transurban set up by Trans. Obay. as the CITILINK overall

project management authority• CITILINK set up as the operating authority for tolls• Transurban manage the project, reducing Trans. Obay. to

D. & C. contractors• Transurban enter into financing contracts with banks and

investors• Transurban pay back banks and issue dividends to

investors• Trans. Obay. are responsible for providing and maintaining

infrastructure – can be sued for non-performance



SINGAPORE NATIONAL LIBRARY

NLBClient

CONSULTANTPM

MALAYARCHITECTS

D & C PMJOINT VENTURE

NICHIMATSU- LUM CHEONG

DPARCHITECTS

OTHER DESIGNCONSULTANTS

OTHER DESIGNCONSULTANTS URA

BCA

WATCHDOG

NOVATED DESIGNAGREEMENT

DESIGNCOORDINATIONAGREEMENT

LIAISE



National Library Singapore• NLB (National Library Board) an authority or

department of the Singapore Govt.

• Malaysian architects won design competition forlibrary – then novated to JV consortium withtheir design and other Malaysian specialistconsultants

• JV made up of Nichimatsu (Japanese PM) andLum Choeng (Singapore PM)

• DP Architects (Singapore) appointed to liaisewith Malaysian architects and their consultants



NLB Stakeholder responsibilities

• Novated architects to deliver NLBapproved design, and work for JV

• DP help develop design and documents,and deal with authorities

• JV is a D. & C. contractor – not involved inoperation of library. Lum Choeng providelocal knowledge

• NLB appoints local “watchdog” PM toreport to them directly – oversees project



NLB Some data• Building cost $700 Million – built under budget

• Contract time 2 years – finished early

• Won Gold Medal for EnvironmentalSustainability – beat the Biopolis building, apurpose designed environmental building

• Typical consultants – both Malaysian andSingaporean working in parallel:

Architectural, Planning, Structural and Civil, M & E,Acoustics, Library, Security, Audio Visual, “TotalBuilding Performance” from NUS


week_05 geoff outhred

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