BREAKING: A consortium bidding to build the North East Link is poised to withdraw its tender for a contract worth billions of dollars
CPB Contractors won a $195 million contract for North East Link's early works, scheduled to start next year. The company has also won a series of major infrastructure contracts, including the West Gate Tunnel's $5 billion construction works and the $1.1 billion Metro Tunnel's Rail Systems Alliance.
The North East Link's tender process has been further complicated by the sale of Lendlease Engineering to Spanish construction group Acciona. The two companies are competing on separate bids for the project's major works contract.Treasurer Tim Pallas changed the tendering rules for the North East Link to boost competition for the project late last year.
The Metro Tunnel builders stopped tunnelling on the project while demanding that the government help cover the major cost blowout, which could be up to $3 billion.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
'I don't want to leave': The residents in the path of North East Link constructionMelbourne woman Mariella Di Fabio says even if she gets millions of dollars in compensation she does not want to leave her home at Yallambie, which is set to be in the middle of a construction zone for the North East Link.
Read more »
Tempers and temperatures flare as 50 youths clash with police in Melbourne's south-eastTempers have boiled over in Melbourne&x27;s south-east as police clashed with about 50 youths as the city sweltered through a hot night.
Read more »
Dozens of people in bus brawl in Melbourne's south-eastPolice use capsicum spray to break up a fight between two groups of youths on a bus in the beachside suburb of Chelsea.
Read more »
Traditional owners in far north WA partner with cotton giant Cubbie FarmingTraditional owners in Western Australia's far north Kimberley region have signed a memorandum of understanding with controversial irrigated cotton giant Cubbie Farming.
Read more »
One cyclist dead, another critical after crash in Sydney's north-westTwo cyclists were struck by a car in Richmond on Thursday morning, with one man killed and the other fighting for his life.
Read more »
'I don't want to leave': The residents in the path of North East Link constructionMelbourne woman Mariella Di Fabio says even if she gets millions of dollars in compensation she does not want to leave her home at Yallambie, which is set to be in the middle of a construction zone for the North East Link.
Read more »