Shortlisted trio for Aussie stadium PPP

Consortia including the likes of Brookfield, Capella Capital and Bouygues will progress to the Request for Proposals stage for a new sports stadium in Perth.

Three shortlisted consortia will now move onto the Request for Proposals (RFP) stage for the right to bid for a design, build, finance and maintain (DBFM) contract for a new A$750 million (€594 million; $776 million) sports stadium in the Western Australian city of Perth. 
The three groups are: WESTADIUM (led by Brookfield Financial and John Laing and including Brookfield Multiplex and Brookfield Johnson Controls); Confidem (led by Capella Capital and including John Holland and Spotless Facilities Services); and WestAdium (led by Bouygues and Plenary Group and including ProBuild Constructions and Honeywell). 
All three groups were involved in the delivery of the London Olympic Stadium, Adelaide Oval and Singapore Sports Hub. 
“The consortia will now have the opportunity to work with government on their detailed plans for the stadium and sports precinct to ensure they meet the state’s requirements,” said Western Australia Premier Colin Barnett in a statement. He added that “detailed, fully costed” proposals would be submitted in November this year. 
The Western Australian government is contributing around 60 percent of the capital cost of the project, with the successful bidder expected to finance the balance of the design and construction costs and any other costs associated with the proposal. 
The New Perth Stadium will have a capacity of 60,000, with the ability to increase this to 70,000 in the future. It will have roof coverage for 85 percent of the seats and will be a multi-purpose venue which can be used for a variety of field sports and other events. 
The project was first announced by the Liberal National government in June 2011. A preferred bidder is expected to be announced by June 2014, and the stadium is expected to be built by 2018.