New Intercity Fleet

New Intercity Fleet

Client | Transport for NSW
Location | New South Wales
Role | Business Case Manager, Economic and Financial Advisor

Sydney’s long-term plan for modernising the city’s rail network includes, as a key element, the replacement of life-expired fleet and procurement of new trains to meet forecast demand. Corview led the development of the preliminary and final business cases for the procurement of New Intercity Fleet (NIF) to replace aged rollingstock and provide for expansion of network capacity.

This involved coordinating inputs from the integrated project team, undertaking economic and financial analyses, and consideration of business requirements and alternative delivery strategies. Corview was also responsible for developing and running a fleet supply and demand model to justify the investment in the project based on current fleet numbers and future customer demand from the introduction of new rail infrastructure.

Scope of Work

  • Developing the business case program implementation plan
  • Developing fleet retirement and fleet cascading analysis to inform the economic and financial analyses
  • Compiling and developing the need for investment, program definition and other analysis as required
  • Providing financial and business case services including coordination of stakeholder input and compilation of the business cases
  • Performing the financial and economic appraisals, risk assessment and options assessment in support of the business cases
  • Preparation of a risk management strategy, an initial procurement strategy and a benefits realisation plan
  • Coordinating inputs from the integrated project team
  • The drafting and development of a preliminary business case, followed by a final business case for the NIF trains

Key Achievements

  • Collating, analysing and interpreting a range of data inputs from TfNSW to inform the project evaluation
  • Setting up governance structures and working groups to ensure the receipt of key information and the timely completion of the preliminary and final business cases
  • Developing and running an economic and financial model to inform the cost profile for the project
  • Developing and running a fleet supply and demand model to justify the investment in the project based on current fleet numbers and future demand from new rail infrastructure and TfNSW customers
  • Planning, drafting and finalising the chapters of the preliminary and final business case, within tight timeframes