❓ A parliamentary question seeks detailed cost breakdowns for the Southern Railway project, including non-capital expenses, land resumption costs, future station construction, and risk allocation for CBD damage. The Minister provides some information, including the net operating subsidy and a risk estimate for CBD property damage, but lacks detail on other costs.
AnsweredQoN 240Legislative Council
QuestionView source ↗
(1) Will the Minister provide a list of all non capital costs/items of expenditure associated with the southern railway including annual interest payable on total amount of borrowed funds over 30 years?
(2) Will the Minister also provide a list of all capital costs/items of expenditure not detailed in the Supplementary Master Plan including but not limited to -
(a) costs of resuming CBD land/buildings;
(b) costs of building each of the nine future stations detailed in the Supplementary Master Plan; and
(c) risk allocation for potential compensation claims for damage caused to CBD buildings and infrastructure?
(2) Will the Minister also provide a list of all capital costs/items of expenditure not detailed in the Supplementary Master Plan including but not limited to -
(a) costs of resuming CBD land/buildings;
(b) costs of building each of the nine future stations detailed in the Supplementary Master Plan; and
(c) risk allocation for potential compensation claims for damage caused to CBD buildings and infrastructure?
AnswerView source ↗
Answered
12 December 2002
Responded by
Parliamentary Secretary representing the Minister for Planning and Infrastructure
Response time
49 days
(b) costs of building each of the nine future stations detailed in the Supplementary Master Plan; and (c) risk allocation for potential compensation claims for damage caused to CBD buildings and infrastructure?
(c) risk allocation for potential compensation claims for damage caused to CBD buildings and infrastructure?
The net operating subsidy after deduction of revenue is of the order of $26.1 million in 2008/09 which is the first full year of rail operations for the South West Metropolitan Railway. The debt associated with the PURD Project will be drawn as part of the total portfolio of State borrowings and the interest cost will vary with market rates over the term of the debt. 2(a) It is not clear yet to what extent property will be required to be resumed. (b) The future stations outlined in the Supplementary Master Plan for the fast, direct route are the same as those outlined in the previous Government's Master Plan for the Kenwick Deviation. Detailed costings have not been undertaken for those future stations. (c) As part of risk quantification facilitated by Project Manager Clifton Coney Stevens, CBD property damage risk was estimated as $9.9M; this allowance has been included in the project budget. All other costs are detailed in the Supplementary Master Plan.
The debt associated with the PURD Project will be drawn as part of the total portfolio of State borrowings and the interest cost will vary with market rates over the term of the debt. 2(a) It is not clear yet to what extent property will be required to be resumed. (b) The future stations outlined in the Supplementary Master Plan for the fast, direct route are the same as those outlined in the previous Government's Master Plan for the Kenwick Deviation. Detailed costings have not been undertaken for those future stations. (c) As part of risk quantification facilitated by Project Manager Clifton Coney Stevens, CBD property damage risk was estimated as $9.9M; this allowance has been included in the project budget. All other costs are detailed in the Supplementary Master Plan.
2(a) It is not clear yet to what extent property will be required to be resumed. (b) The future stations outlined in the Supplementary Master Plan for the fast, direct route are the same as those outlined in the previous Government's Master Plan for the Kenwick Deviation. Detailed costings have not been undertaken for those future stations. (c) As part of risk quantification facilitated by Project Manager Clifton Coney Stevens, CBD property damage risk was estimated as $9.9M; this allowance has been included in the project budget. All other costs are detailed in the Supplementary Master Plan.
(b) The future stations outlined in the Supplementary Master Plan for the fast, direct route are the same as those outlined in the previous Government's Master Plan for the Kenwick Deviation. Detailed costings have not been undertaken for those future stations. (c) As part of risk quantification facilitated by Project Manager Clifton Coney Stevens, CBD property damage risk was estimated as $9.9M; this allowance has been included in the project budget. All other costs are detailed in the Supplementary Master Plan.
(c) As part of risk quantification facilitated by Project Manager Clifton Coney Stevens, CBD property damage risk was estimated as $9.9M; this allowance has been included in the project budget. All other costs are detailed in the Supplementary Master Plan.
(c) risk allocation for potential compensation claims for damage caused to CBD buildings and infrastructure?
The net operating subsidy after deduction of revenue is of the order of $26.1 million in 2008/09 which is the first full year of rail operations for the South West Metropolitan Railway. The debt associated with the PURD Project will be drawn as part of the total portfolio of State borrowings and the interest cost will vary with market rates over the term of the debt. 2(a) It is not clear yet to what extent property will be required to be resumed. (b) The future stations outlined in the Supplementary Master Plan for the fast, direct route are the same as those outlined in the previous Government's Master Plan for the Kenwick Deviation. Detailed costings have not been undertaken for those future stations. (c) As part of risk quantification facilitated by Project Manager Clifton Coney Stevens, CBD property damage risk was estimated as $9.9M; this allowance has been included in the project budget. All other costs are detailed in the Supplementary Master Plan.
The debt associated with the PURD Project will be drawn as part of the total portfolio of State borrowings and the interest cost will vary with market rates over the term of the debt. 2(a) It is not clear yet to what extent property will be required to be resumed. (b) The future stations outlined in the Supplementary Master Plan for the fast, direct route are the same as those outlined in the previous Government's Master Plan for the Kenwick Deviation. Detailed costings have not been undertaken for those future stations. (c) As part of risk quantification facilitated by Project Manager Clifton Coney Stevens, CBD property damage risk was estimated as $9.9M; this allowance has been included in the project budget. All other costs are detailed in the Supplementary Master Plan.
2(a) It is not clear yet to what extent property will be required to be resumed. (b) The future stations outlined in the Supplementary Master Plan for the fast, direct route are the same as those outlined in the previous Government's Master Plan for the Kenwick Deviation. Detailed costings have not been undertaken for those future stations. (c) As part of risk quantification facilitated by Project Manager Clifton Coney Stevens, CBD property damage risk was estimated as $9.9M; this allowance has been included in the project budget. All other costs are detailed in the Supplementary Master Plan.
(b) The future stations outlined in the Supplementary Master Plan for the fast, direct route are the same as those outlined in the previous Government's Master Plan for the Kenwick Deviation. Detailed costings have not been undertaken for those future stations. (c) As part of risk quantification facilitated by Project Manager Clifton Coney Stevens, CBD property damage risk was estimated as $9.9M; this allowance has been included in the project budget. All other costs are detailed in the Supplementary Master Plan.
(c) As part of risk quantification facilitated by Project Manager Clifton Coney Stevens, CBD property damage risk was estimated as $9.9M; this allowance has been included in the project budget. All other costs are detailed in the Supplementary Master Plan.
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