david quinn - building queensland
TRANSCRIPT
NATIONAL PPP SUMMIT
DAVID QUINN, CHIEF EXECUTIVE OFFICER16 November 2016
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What’s the plan in Queensland?
OVERVIEW
About Building Queensland
Proposal Development
Identifying the Priorities
Infrastructure Pipeline Report
Funding and PPPs
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ABOUT BUILDING QUEENSLAND
Independent statutory body providing Queensland Government with advice on major infrastructure ($50m+)
Responsible for developing and independently prioritising proposals
Ensure good proposals progress beyond political cycles.
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PROPOSAL DEVELOPMENT
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TransportEnergyWaterHealth Education and TrainingDigitalJustice & Public SafetyArts, Culture & RecreationSocial Housing
Business Case Development Framework developed by BQ:
Strategic Business Case Guide
Preliminary Business Case Guide
Detailed Business Case Guide
Social Impact Evaluation Guide
Cost Benefit Analysis Guide
Caters for both economic and social infrastructure proposals
Explores funding and financing options, including PPPs.
PROPOSAL DEVELOPMENT
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Building Queensland is currently developing the following Business Cases:– Beerburrum to Nambour Rail Upgrade
– Public Safety Regional Radio Communications
– Townsville Eastern Access Rail Corridor
– Nullinga Dam
– Lower Fitzroy River Infrastructure Project.
PROPOSAL DEVELOPMENT
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IDENTIFYING THE PRIORITIES
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CRITERIA INDICATORS
STRATEGICStrategic alignmentProblem/need identification
Option identification/analysis
- Australian Infrastructure Plan and State Infrastructure Plan- Different need metrics for asset classes (e.g. Crash rates - Transport;
class size - Education )- Infrastructure and non-infrastructure options (e.g. reform/better
use)
FINANCIAL AND ECONOMIC
- Whole-of-life costs- Increasing certainty (P50; P90)- Cost Benefit or cost effectiveness analysis
SOCIAL AND ENVIRONMENTAL
- Safety and community wellbeing (e.g. cultural impacts)- Environmental studies/approvals (e.g. species of conservation value)
DELIVERABILITY - Public acceptability, risk, legal and regulatory considerations, market considerations, value for money, assurance, benefits realisation
Independent view of priority infrastructure proposals
Proposals are at various stages of development and are:
– unfunded
– >$50 million
– aligned to sectors in the State Infrastructure Plan.
INFRASTRUCTURE PIPELINE REPORT
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JUNE 2016 PIPELINE
No priority proposals have been recommended in the earliest stage of proposal development.
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JUNE 2016 PIPELINE: FUNDED
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5 proposals in June Pipeline secured partial/full funding:
– Cross River Rail
– European Train Control System (ETCS) – Inner City
– Pacific Motorway – Mudgeeraba to Varsity Lakes
– Financial System Renewal
– Laboratory Information System.
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#1 PRIORITY: CROSS RIVER RAIL ($5.4b)
Current Queensland Government’s highest priority infrastructure project—‘City Building’
10.2km link connecting northern and southern rail networks, with 5.9km of twin tube tunnel under the Brisbane River and CBD
$800 million in-principle funding commitment
Further $50 million to establish Cross River Rail Delivery Authority.
Potential PPP.11
JUNE 2016 PIPELINE: CROSS RIVER RAIL
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Approx. 50 per cent of proposals will be new to the Pipeline
DECEMBER 2016 PIPELINE
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Proposals likely to enter at earlier stages of development
Representation from a broader range of sectors
Some potential PPP candidates.
New proposals ready for investment
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FUNDING
Queensland Government’s $2b State Infrastructure Fund created to boost infrastructure investment and business confidence
– $1.5b has been allocated to the Future Infrastructure Priorities program - Informed by BQ
More is needed - private investment is imperative
Building Queensland investigates a range of delivery models for project implementation and is actively engaging with industry through our market sounding process.
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QUEENSLAND PPPs
Toowoomba Second Range Crossing
New Generation Rollingstock
Queensland Schools
Brisbane North South Bypass Tunnel
Southbank Education and Training Precinct
Gold Coast Rapid Transit Project.
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