Gold Coast Rapid Transit

Gold Coast Rapid Transit

Client | Queensland State Government
Location | Gold Coast, Queensland
Role | Commercial Manager

The Gold Coast Rapid Transit project is the cornerstone of a world class public transport network for one of Australia’s fastest growing cities. A fleet of new, modern light rail vehicles operate in a dedicated corridor servicing the coastal strip of Southport, Surfers Paradise and Broadbeach.

Stage one of the light rail system has been delivered between Griffith University and Broadbeach, a distance of 13 kilometres. Future stages will connect to the heavy rail at Helensvale and the Coolangatta Airport.

The project was delivered by the Queensland Government in partnership with the Commonwealth Government and the Gold Coast City Council.

Scope of Work

  • Management of the commercial team including legal, commercial and economic consultant teams
  • Development of the funding and procurement strategy
  • Development of a business case under the Queensland Government’s Value-for-Money framework
  • Leadership of key commercial processes including market sounding, financial and economic modelling
  • Management of key stakeholders including the Project Steering Committee, Queensland Treasury, Queensland Department of Infrastructure and Planning, the Commonwealth Government and Infrastructure Australia

Key Achievements

  • Funding strategy successfully raised $365 million from the Commonwealth Government, $464 million from the Queensland Government and $120 million from Gold Coast City Council
  • Development and management of an investment-grade high quality business case which assessed the feasibility of the project including cost viability, project staging strategy, environmental and social impact, commercial environment and preferred delivery option
  • Approval from the Queensland Government to proceed to procurement in June 2009
  • Successful establishment of a transaction management team to lead the project through procurement