Infrastructure building in Perth

I cannot recall if I posted about two upcoming major infrastructure contracts in WA that relate to two stocks that I hold, BYL and NWH. BYL is in a consortium short-listed for a road-building project, Perth Freight Link, and NWH is in a consortium short-listed for a railway-construction project, Forrestfield-Airport Link. My view is that even if BYL is not in the winning consortium, these are large projects, and BYL could pick up subcontracting work.

The short-listed consortia for the $2b Forrestfield-Airport Link are:

• JHL JV – John Holland and Leighton Contractors;
• SI-NRW JV – Salini Impregilo and NRW; and
• Forrestfield Connect – ACCIONA Infrastructure, BAM International and Ferrovial Agroman.

The three short-listed consortia short-listed for the $1.575 billion Perth Freight Link project are:

• BGC Contracting, Laing O'Rourke, Arup and Jacobs;
• Clough, Brierty, WSP/Parsons Brinckerhoff and Hyder; and
• Leighton Contractors, Georgiou, GHD, AECOM, BG&E and WA Limestone.

Although BYL ends to secure relatively small jobs as the prime contractor, it also at times picks up work as a subcontractor – e.g., subcontracting in2014 to Brookfield Multiplex to work on the Perth Stadium contract.