Australia’s largest-ever privately financed transportation infrastructure project appears to be running on schedule. But two years into its construction, Brisbane’s $4.6-billion Airport Link highway is taking a financial toll on the project’s design-build team. The 6.7-kilometer toll road is being built to link central Brisbane to its northern suburbs and airport district. The project includes twin 5.7-km-long tunnels set some 20 meters apart. With more than $2.5 billion spent to date, the project is more than 60% complete, reports Raymond Wilson, chief executive of the road’s concessionaire, Brisconnections. “The pace of tunnel excavation is quickening. We have seen four tunnel
The market is generally healthy and steadily growing, and margins are up for large specialty contractors. Further, advances in design tools and owner demand for collaboration are giving subcontractors a seat at the table early on in projects.