Pine River to Caloundra Road Interchange Upgrade




PROJECT
PIPELINE
STATUS

Prospective pipeline

Credibly proposed

Announced

Under procurement

Preferred bidder announced

Recently closed
Pine River to Caloundra Road Interchange Upgrade
STATUS

Prospective pipeline

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.

Credibly proposed

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.   

Announced

The project has a firm commitment and timeline from a state, territory or major local government, but has not yet entered the market.

Under procurement

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.

Recently closed

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:

Australia

Construction projects: > AUD$300m

Investable greenfield & brownfield: > AUD$100m

New Zealand

All greenfield and brownfield projects and divestments: > NZD $100 million



STATUS: Credibly proposed
VALUE: $662.5M AUD
SECTOR: Road
JURISDICTION: QLD, Commonwealth
PROCUREMENT APPROACH: Traditional procurement
TYPE: Greenfield

The 1,700 kilometre Bruce Highway is Queensland's major north-south road corridor, connecting coastal population centres from Brisbane to Cairns and supporting around 58 per cent of Queensland's population.

The Pine River to Caloundra road interchange upgrade, will see circa 60 kilometres of the Bruce Highway north of Brisbane upgraded to increase capacity and alleviate flooding and safety issues.

Planning is currently underway and will develop a list of priority works that are likely to be progressed as a number of packages including non-infrastrucutre solutions.

Planning is expected to be completed by late 2017 and is being funded in an 80:20 split between Federal and QLD governments. Building Queensland is assisting with the development of a preliminary business case.

The 2017-18 Federal Budget committed $530 million to the upgrade, as part of a seven year funding programme from FY2016-17 to Bruce Highway projects from the Infrastructre Investment Programme.

The Queensland Government is yet to commit funding to the project.


Presented by


Government sponsors

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Supporting agencies

 
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