New South Wales’ Regional Rail PPP has been won by the Momentum Trains consortium of CIMIC and CAF, Inframation understands.
Three sources familar with the matter said the NSW government has selected the group comprised of Construcciones y Auxiliar de Ferrocarriles and CIMIC subsidiaries Pacific Partnerships and UGL.
The winning bidders were up against Regional Futures comprising China Railway Corporation, Downer EDI, Partners Group, and Plenary Group.
The pair were asked to submit second final offers by mid-October after they had originally lodged final bids in June this year.
Financial close is expected by early-2019.
A third shortlisted group comprising Bombardier Transportation, John Laing and Macquarie Capital did not submit a final bid, as reported.
The project involves replacing 60 old XPT intercity trains that operate between Sydney, Melbourne and Brisbane as well as from Sydney to regional NSW centres of Dubbo, Grafton and Casino.
The project is also slated to replace 50 XPLORER (pictured) and Endeavour trains that carry passengers to smaller centres in regional areas of NSW as well as between Sydney and Canberra.
The first trains are expected to be running by the early 2020s.
A new train maintenance facility at Dubbo, about 400km north-west of Sydney, is also currently being constructed.
Spokespeople at Transport for NSW and CIMIC declined to comment.