1983
λ = 5 dwellings
RMIT PPP Club 2013 - MELBOURNE METRO 1 as a PPP
1997
3,763dwellings
λ = 5 dwellings
λ convenience storeRMIT PPP Club 2013 - MELBOURNE METRO 1 as a PPP
λ = 5 dwellings
λ convenience store
2002
9,895dwellings
RMIT PPP Club 2013 - MELBOURNE METRO 1 as a PPP
RMIT PPP Club 2013 - MELBOURNE METRO 1 as a PPP
RMIT PPP Club 2013 - MELBOURNE METRO 1 as a PPP
RMIT PPP Club 2013 - MELBOURNE METRO 1 as a PPP
RMIT PPP Club 2013 - MELBOURNE METRO 1 as a PPP
RMIT PPP Club 2013 - MELBOURNE METRO 1 as a PPP
Melbourne @ 8 millionRMIT PPP Club 2013 - MELBOURNE METRO 1 as a PPP
1900 1950 2000 2050
.7bn
.2bn
2.9bn
6.4bn
20103.5bn
70%oftheworldspopulationwillliveincities
Citiesareresponsiblefor75‐80%oftheworldsgreenhousegases
and70‐80%ofNationalGDP’s
SourceJebBrugmann
RMIT PPP Club 2013 - MELBOURNE METRO 1 as a PPP
QUALITY PUBLIC INFRASTRUCTURE
Bordeaux
RMIT PPP Club 2013 - MELBOURNE METRO 1 as a PPP
RMIT PPP Club 2013 - MELBOURNE METRO 1 as a PPP
SHIPYARDS TO SUSTAINABILITY
Malmo Bo01
RMIT PPP Club 2013 - MELBOURNE METRO 1 as a PPP
RMIT PPP Club 2013 - MELBOURNE METRO 1 as a PPP
ARCHITECTURE AS CHANGE STRATEGY
RMIT PPP Club 2013 - MELBOURNE METRO 1 as a PPP
RMIT PPP Club 2013 - MELBOURNE METRO 1 as a PPP
MONOFUNCTIONAL TO MULTIFUNCTIONAL
Melbourne
RMIT PPP Club 2013 - MELBOURNE METRO 1 as a PPP
RMIT PPP Club 2013 - MELBOURNE METRO 1 as a PPP
RMIT PPP Club 2013 - MELBOURNE METRO 1 as a PPP
RMIT PPP Club 2013 - MELBOURNE METRO 1 as a PPP
© 2012 Ernst & Young Australia. Liability limited by a scheme approved under Professional Standards Legislation.
Melbourne Metro
► City-shaping project that will overhaul Melbourne's rail network, resulting in major improvements in capacity, reliability and travel times across the bulk of the metropolitan rail lines.
► 9 kilometre rail tunnel through inner Melbourne that will link the Sunbury and Pakenham/Cranbourne rail lines.
► 5 new underground stations to be located at Arden, Parkville, CBD North, CBD South and Domain.
Scope elements ► Portals (tunnel entrances) ► Tunnel ► Stations ► Rail systems
► Track, power, signalling hardware ► Signalling systems and software
► Station maintenance and operations ► Train operations and ticketing
17 RMIT PPP Club 2013 - MELBOURNE METRO 1 as a PPP
© 2012 Ernst & Young Australia. Liability limited by a scheme approved under Professional Standards Legislation. 16
Exercise – Melbourne Metro
RMIT PPP Club 2013 - MELBOURNE METRO 1 as a PPP
RMIT PPP Club 2013 - MELBOURNE METRO 1 as a PPP
* The number of train trips in Melbourne has increased by a 94 per cent the since 1998.
Melbourne in numbers
RMIT PPP Club 2013 - MELBOURNE METRO 1 as a PPP
MM1 – Domain
RMIT PPP Club 2013 - MELBOURNE METRO 1 as a PPP
MM1 CBD South
* Major overhaul of rail network resulting in major improvements in capacity, reliability and travel times across the bulk of the metropolitan rail lines
RMIT PPP Club 2013 - MELBOURNE METRO 1 as a PPP
* Metro rail systems are designed to meet high levels of demand for travel in and around cities by running high capacity services
RMIT PPP Club 2013 - MELBOURNE METRO 1 as a PPP
http://www.youtube.com/watch?feature=player_embedded&v=U6p8YuyVir4
RMIT PPP Club 2013 - MELBOURNE METRO 1 as a PPP
Melbourne Strategies
* Metropolitan Planning Strategy (under development) * Metropolitan Rail Network Development Plan 2012
Return RMIT PPP Club 2013 - MELBOURNE METRO 1 as a PPP
© 2012 Ernst & Young Australia. Liability limited by a scheme approved under Professional Standards Legislation.
Social Infrastructure PPP – The Concept
Continuing Public Sector Spending Support
Government § Specify requirements
§ Deliver Core Services (eg teaching)
Private Sector § Build / Renew facilities
§ Support Services
Services Payments for Performance
D&C Skills FM Skills
Finance
Ø Concession contract (30 years+) Ø Government responsible for:
Ø Land acquisition Ø Approvals Ø Service payments
Ø Private sector responsible for: Ø Supply and maintenance of
social infrastructure asset (School, Hospital, Prison)
Ø Financing Ø Remunerated based on Performance-
based payments
RMIT PPP Club 2013 - MELBOURNE METRO 1 as a PPP
© 2012 Ernst & Young Australia. Liability limited by a scheme approved under Professional Standards Legislation.
Typical Project Finance Structure “Social Infrastructure” PPP Transaction
State Government
PPP Company (Usually an SPV)
Project Finance Debt
Equity
Example Sources • Bank debt
• Capital markets (bond debt) • Institutional (super funds)
Example Sources
• Contractor • Super funds
• PPP investment funds • International pension funds
Facilities Maintenance Provider(s)
Design & Construction Contractor(s)
Example Providers • Spotless
• Honeywell • DTZ/UGL
• Serco • MTR Corp
Example Providers
• John Holland • Leighton Group
• Lend Lease • McConnell Dowell
Advisers • Financial
• Legal • Technical (Design, QS etc)
Advisers • Financial
• Legal • Technical (Design, QS etc)
Service Payments
FM Payments
D&C Payments
RMIT – Construction, Planning and Design 3 PPP Operations Phase Chris Clifton, 13 August 2013
Top Related