Ticket price for train station soars to €71m
Thu, Jun 25, 2026
In 2022, before the tender process to appoint a main contractor completed, the estimated cost of upgrading the Victorian rail terminus was €49.68 million, of which €30.98 million comprised construction costs including VAT.
The project’s Final Business Case indicates estimated total project costs immediately soared to €69.51m following the tender process – with a revised estimate of construction costs, including VAT, accounting for €48.12m of this.
Five firms tendered for the project – Sisk, Stewart Construction, Purcell Construction, and JJ Rhatigan – with BAM succeeding after scoring the most competitive on a number of metrics, despite flagging the most expensive delay charges. Media reports in 2023 indicated the value of BAM’s initial contract was €24 million.
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