Lower Fitzroy Infrastructure Project - Rookwood Weir
Preferred bidder announced
Greenfield (construction) or brownfield (government asset divestment) projects needed or likely to occur within the next five years, but is not formally proposed by a state, territory or major local government.
The project or divestment is supported by a state, territory or major local government, is subject to studies or other processes (such as pre-feasibility or scoping studies or business case development), and is likely to proceed to formal announcement.
The project has a firm commitment and timeline from a state, territory or major local government, but has not yet entered the market.
The project or transaction is under procurement (such as a call for Expressions of Interest, requests for tender, or another offer to the market).
Preferred bidder announced
A preferred bidder has been selected and is in exclusive negotiations.
Projects that have progressed to contractual close remain on ANZIP for 12 months.
ANZIP is focused only on major infrastructure activity, above the following thresholds:
Construction projects: > AUD$300m
Investable greenfield & brownfield: > AUD$100m
All greenfield and brownfield projects and divestments: > NZD $100 million
The Lower Fitzroy River Infrastructure Project (LFRIP) involves the provision of new water storage infrastructure on the Fitzroy to meet future water demands and improve water security for residential, industrial and agricultural users in Rockhampton, Gladstone and the Capricorn Coast.
In May 2016, the Commonwealth Government provided the Queensland Government with $2 million to prepare a business case for the LFRIP. Building Queensland prepared the business case on behalf of SunWater and Gladstone Area Water Board, with the report released in January 2018. The reference project for the business case involves construction of a new weir at Rookwood, capable of supplying 76,000ML of water per annum.
The proposed Rookwood Weir site is located on the Fitzroy River, 66 kilometres south-west of Rockhampton. Other infrastructure required include augmentation to and construction of access roads, low level bridges upstream at Riverslea and Foleyvale crossings and installation of culverts at Hanrahan Crossing downstream.
The project’s capital cost is estimated to be $352 million (with $29.3 million already expended) with a delivery period of four years and with operating costs of $55.2 million over 26 years. The Queensland Government announced in February 2018 that it would fund half the capital and operating costs of the project.
The business case finds that the demand required to achieve a benefit-cost ratio of one is 34,000ML from the Gladstone Area Water Board and Livingstone Shire Council and 23,200ML demand from the agricultural sector. While the Commonwealth Government has committed $130 million towards the project, the business case states that additional funding would allow the project to achieve more marketable prices for water.
Last reviewed: 16/02/2018