Review of NorthConnex Patronage
GTA Consultants led a team managed by Chris Wilson (including TDG and Transport Ideas) to undertake an external independent demand and revenue forecast for the unsolicited Transurban proposal to design, build, operate, maintain and finance NorthConnex – a tolled motorway linking the M1 Freeway at Wahroonga to the M2 Motorway at West Pennant Hills.
The proposed NorthConnex is a nine kilometre tunnel motorway that will link Sydney's north to the Orbital network and form part of the National Highway route. The project includes interchanges to the north and south to accommodate connections at either end of the project.
As part of the process for assessing the unsolicited proposal, the NSW Government appointed the GTA team (with TDG and Transport Ideas) to undertake a detailed review and analysis of the assumptions and forecasts prepared by Transurban. We were also responsible for producing independent forecasts, and operational analysis and optimisation of the proposed interchanges.
The GTA work thus far has provided valuable input to the final negotiations between the NSW Government, Transurban and the Westlink M7 shareholders to finalise and agree on the commercial terms and conditions for the proposed agreement for NorthConnex.
The project is subject to very tight timeframes, and GTA’s on-time delivery of the project requirements continues to contribute to its success.