Asset Manager confirmed for Harbour Tunnels
The NSW Government has signed a long-term contract with Ventia for the asset management, operations and maintenance of the Sydney Harbour Tunnel and future Western Harbour Tunnel.
Ventia is one of the largest providers of asset management, road network, motorway and tunnel operations and maintenance services in Australia and New Zealand.
The 15 year contract, worth $450 million, includes two further 10-year options at the discretion of the NSW Government.
The new agreement will see a continuation of the high standard of service that has been delivered over the life of the current Sydney Harbour Tunnel contract.
The agreement is unrelated to tolling arrangements.
“The contract will create a more integrated road network and support quick, safe and reliable trips for motorists,” Transport for NSW Deputy Secretary Camilla Drover said.
“Efficient and sustainable solutions will be put in place across both road tunnels, benefiting motorists and taxpayers for years to come.”