The short-listed tenderers for the tunnels, stations and associated development are:
1. Pulse, which includes the CIMIC companies (formerly Leightons); PacificPartnerships, CPB Contractors, its underground rail engineering company UGL, Ghella, which worked on Legacy Way, Israeli civil engineering group DIF, which has an Australian arm, and BAM;
2. Qonnect, which includes the Queensland Investment Corporation (QIC), Capella Capital, Lendlease, John Holland and French civil engineers Bouygues, which has an Australian arm;
3. CentriQ Partnerships, which includes civil engineers ACCIONA, which worked on Legacy Way, civil engineering public private partnership group Plenary Group, GS Engineering, Italian infrastructure giant Salini Impregilo and the Spotless Group.
CIMIC was also tipped to be the ‘one that rules them all’ back in that AFR story from last year ... https://www.copyright link/business...ed-for-infrastructure-bonanza-20170511-gw2x2i
“Ben Brownette, equities analyst at Northern Trust Capital Markets, says CIMIC is best-placed to benefit from billions of dollars of spending by federal and state governments, followed by engineering services group RCR Tomlinson. Lendlease and Downer EDI will also benefit, although they will need to team up with other companies to win big projects, Mr Brownette says.
Lendlease outlined plans in April to target $4 billion in revenues annually from engineering projects, mostly road and rail, in the medium term. The company generated $1.8 billion from its engineering and services businesses in 2015-16, about 15 per cent of overall group revenues.
However, Mr Brownette argues Lendlease's $4 billion target is "unrealistic" and that the company may end up selling its construction business and focusing on its core property business.
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