Road toll operator Transurban tells its investors that the Melbourne's West Gate Tunnel project is already one year delayed. The delay will naturally increase by every passing day. The $6.7 billion project was scheduled to start in July 2019 and finish by 2022. A dispute with the contractors over who would pick the bill for the handling of the contaminated soil resulted in contractors bailing out of the project.
Meanwhile the Victorian government seems to be putting pressure on Transurban to resolve the dispute with the contractors and to get on with the construction. ABC quoted Minister for Transport Infrastructure Jacinta Allan reminding Transurban the terms of the government contract at a press conference:
"We've made it clear we intend to hold Transurban to that contract and what's contained in that contract is that for every day that this project is not completed beyond 2022, Transurban lose millions of dollars".
This is perhaps as clear as threats come from Australian politicians.
And there comes the second delay announcement almost a year later. Now it won't even finish in 2023 for sure and 2024 is even unlikely.
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Victorian transport minister Neil Mitchell tells what people already know without offering any solution or giving hope. Complaining just like an ordinary citizen...
He says Transurban has “fundamentally failed” the state after the toll-road operator confessed the West Gate Tunnel project was running well behind schedule.
https://www.3aw.com.au/transport-minister-says-transurban-has-fundamentally-failed-victoria/
The Victorian transport minister says Transurban has “fundamentally failed” the state after the toll-road operator confessed the West Gate Tunnel project was running well behind schedul…
cover tunnel photo by: Matt Brown from London, England / CC BY
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Transurban to ASX before an investor briefing: the West Gate Tunnel project is "now expected to be completed in 2023".
https://www.smh.com.au/business/companies/transurban-pushes-back-west-gate-tunnel-completion-to-2023-20200504-p54pim.html
West Gate Tunnel delay to cost Transurban 'millions of dollars a day': Victorian government
www.smh.com.auThe state government says Transurban stands to lose millions of dollars a day due after it pushed back the completion date of the $6.7b West Gate Tunnel project to 2023.