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Billion dollar price tag for Auckland rail franchise

Jacques Steenkamp
Fri, 07 May 2021

Britomart train station in Auckland. (Photo: Jacques Steenkamp)
Jacques Steenkamp
Fri, 07 May 2021
Auckland Transport is expected to announce in the next month or two the winner of its new rail franchise contract worth in “excess of $1 billion”.The new franchise, which was tendered in October 2019, will last for eight years with the opportunity for a further five year extension.Several transport conglomerates showed interest in the contract initially but BusinessDesk understands only two have made it to the end of the line: French company Transdev Australasia and a joint bid by Australian UGL and Singapore-based ComfortDelGro.&nb...

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