“The bilateral agreement signed today is supported by the federal government`s $9.3 billion commitment to provide Inland Rail and is part of the broader $25 billion commitment we have made since our government statement in Queensland since our government statement in 2013,” said Mr. McCormack. Finance Minister Mathias Cormann said the signing of the bilateral agreement was a decisive step towards creating a more efficient freight network for the future. In October 2019, expressions of interest were launched for the Major Construction Contract (SP1), which includes work within the existing ARTC rail corridor. IPOs closed on 1 November. On December 3, 2019, artc announced a shortlist of three: ARTC shares the T2A rail corridor with passenger train operations V/Line, sydney-Melbourne XPT and Melbourne commuter trains. Queensland Transport Minister Mark Bailey and Deputy Prime Minister Michael McCormack sign the Toowoomba Inland Rail Bilateral Agreement. Now an agreement has been reached on The Inner Rail, the money for the $1.7 billion Regional New Road program is being delivered to Victoria. The Stockinbingal to Parkes (S2P) section includes the development of 173 kilometres of existing rail corridors in order to be able to travel double-stack trains up to 1.8 kilometres long on the track.
This agreement involves the obligation to negotiate a new long-term lease with Australian Rail Track Corporation and to support the extension of the corridor to take into account the changes to the North East Rail orientation that are necessary to support the provision of Inland Rail. Under this supply agreement, the private sector will design, build, finance and wait for this rail section over a long-term concession period of approximately 15 to 30 years. ARTC believes that the PPP structure will be an “uptime fee” agreement. The PPP will have a shelf life of up to 25 years. – the subsidence of five rails under road bridges on Beaudesert Road, Learoyd Road, Johnson Road, Middle Road and Pub Lane; – the construction of two new crossing loops and the extension of two others to Greenbank and Bromelton; The NSW-QLD Border to Gowrie (B2G) section will connect inland rail to approximately 146 kilometres of new two-track track and 78 kilometres of developed road between Yelarbon and Gowrie Junction, northwest of Toowoomba. The federal government announced in September 2017 that the preferred corridor for the B2G section is a route that passes through Pittsworth, Brookstead and the Wellcamp-Charlton Industrial Area. Four possible routes have been considered, including: once completed, the inland rail project will create a direct rail link between Melbourne and Brisbane, capable of moving doubly stacked freight containers.. . . .