New Bridgewater Bridge
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 proposed new bridge would replace the current bridge linking the Brooker and Midland highways. The current bridge is only one lane in each direction, as well as providing a railway crossing. It is also operated as a vertical lift bridge. The current bridge needs replacing as it is reaching the end of its serviceable life and does not meet contemporary loading and design standards.
In the 2018-19 Budget, the Federal Government allocated $461 towards the project which will see funding contributions each year between FY2018-19 and FY2024-25. This accounts for 80 per cent of the total $576 million required for the project. The Tasmanian Government has committed to fund the remaining $115 million.
In January 2018, the Tasmanian Government submitted the project business case to Infrastructure Australia for review. The proposed new bridge will be four lanes, with the railway crossing remaining on the current bridge.
In February 2019 the $1.43 billion Hobart City Deal was signed by the Australian Government, Tasmanian Government and four Hobart local councils: Clarence, Glenorchy, Hobart and Kingborough. Funding for the New Bridgewater Bridge will be allocated under this new agreement.
The project is scheduled to start design and approvals in 2019, with substantive construction expected to commence in 2022 and completion targeted in 2024.
The project is included under the broader Derwent River crossing capacity project, which Infrastructure Australia identifies as a Priority Initiative on its Infrastructure Priority List.
Last reviewed: 01/03/2019