Page 55 - Week 01 - Tuesday, 9 February 2016
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MR CORBELL: Significantly wrong, Madam Speaker.
Mr Hanson interjecting—
MADAM SPEAKER: Mr Hanson, you are on a warning.
Mr Coe interjecting—
MADAM SPEAKER: Mr Coe!
MR CORBELL: There was Mr Hanson saying it was going to be a $1 billion project. There was Mr Coe saying that it was going to be a $1 billion project. This project has come in with a capital cost estimate nearly $100 million less than that anticipated by the government’s own business case. So when this government stood up in this place over the past 18 months and said, “This business case is conservative and prudent in its estimates”, we have demonstrated that that is entirely the case today.
We have been able to achieve a very significant outcome in terms of the risk transfer to the private sector in a broad range of matters. Those matters are, of course, subject to final contractual finalisation and will be able to be reported on in much more detail once those contractual negotiations are complete. The other point—(Time expired.)
MADAM SPEAKER: A supplementary question, Mr Coe.
MR COE: Minister, will any of Keolis-Downer EDI’s bid costs be reimbursed as flagged in the business case?
MADAM SPEAKER: Could you repeat the question, Mr Coe? I did not hear the beginning of it.
MR COE: Madam Speaker, I said:
… will any of Keolis-Downer EDI’s bid cost be reimbursed as flagged in the business case?
MR CORBELL: The business case did not actually say bid costs would be reimbursed. It said they may be reimbursed. But when the government released the requests for a proposal and when it shortlisted the two preferred shortlisted consortia we made very clear that we will not be reimbursing bid costs for either of the bidders, and that remains the position.
MADAM SPEAKER: A supplementary question, Ms Porter.
MS PORTER: Minister, what is the risk to the territory if the contract for light rail is broken and the project is not completed?
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