Northern Suburbs Transit Corridor MCA Options Cost Estimate Report

Prepared for: Aurecon

F2011 NSTC MCA Options v03

This document is Commercial in Confidence and prepared by:

Fission Pty Ltd Suite 4a, 19 Lang Parade Milton QLD 4064

Phone: +61 7 3870 2730 Visit: www.fission.net.au

Document Control

Document Name F2011 NSTC MCA Options

Client Project Number

Client Aurecon on behalf of PWC

Client Contact

Revision Detail/Status Author Checked Approved Date

v01 Draft report for feedback DG TJ 27 Apr 2020

v02 Update for feedback DG TJ 28 Apr 2020

Update for BRT and TT single track V03 DG TJ DG 17 Nov 2020 corridor width

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Northern Suburbs Transit Corridor at a Glance

2019 2020 2021 2022 2023 2024 2025 2026 2027 2028

Concept

Development

Construction Long

Construction Short Project Metrics

Long Short CBD to Granton – 21km CBD to Berridale – Alignment Length corridor 12km corridor Stations Including CBD 13 10 Power Substations (including depot) 14 11

Stabling/Maintenance Facility Yes Yes

Number of vehicles 8 6

$800M Hobart Northern Suburbs Transit Corridor - MCA Options Analysis

$700M

$600M

$500M

$400M

$300M

$200M

$100M

$M Option 1: LRT Option 1: LRT Option 2: BRT Option 2: BRT Option 3: TT Option 3: TT Long Short Long Short Long Short Scoping Development Delivery Property Construction Cost Client supplied Vehicles

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Index

Appendices ...... 6

Executive Summary ...... 7

Glossary of Terms ...... 8

Scope of Report ...... 9

Project Background ...... 10

3.1 Overview ...... 10

Main Assumptions ...... 12

4.1 Documents Reviewed ...... 12

4.2 Site Inspection ...... 12

4.3 Project Assumptions ...... 12

4.4 Scope Quantification Assumptions ...... 12

4.5 Limitations of Estimate...... 15

4.6 Pricing Data Source ...... 15

4.7 Project Staging ...... 17

Construction Costs ...... 18

5.1 Direct Job Costs ...... 18

5.2 Indirect Job Costs ...... 18

5.3 Project Profit ...... 18

Principal’s Costs ...... 20

6.1 Principal’s Costs Summary ...... 20

6.2 Staff and Technical Advisors ...... 22

6.3 Sunk Costs ...... 22

6.4 Property ...... 23

6.5 Public Utility Plant ...... 23

Construction Methodology ...... 24

7.1 Overview ...... 24

7.2 Development and Delivery Periods ...... 24

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7.3 Construction Methods ...... 24

Risk and Opportunity Review ...... 25

8.1 Introduction ...... 25

8.2 Next Steps ...... 25

Escalation Calculation ...... 27

9.1 Escalation Indices ...... 27

9.2 Project Cashflow ...... 27

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Tables

Table 1 Project Cost Summary ...... 7

Table 2 Main Estimate Assumptions ...... 12

Table 3 Estimating Method ...... 16

Table 4 Principal’s Cost Basis of Estimate ...... 20

Table 5 Delivery Periods and Monthly Cashflow ...... 24

Table 6 Risk Allowance Summary ...... 25

Table 7 Escalation Indices ...... 27

Figures Figure 1 Indicative Location of Hobart Northern Suburbs Transit Corridor ...... 11

Figure 2 Example Flexity 2 Tram ...... 20

Figure 3 BRT - Van Hool Exqui City ...... 21

Figure 4 TT - CRRC ART ...... 22

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Appendices

A - Information Reviewed

B - Project Cost Summary

C – Project scope assumptions

D – Detailed Cost Estimates

E – Deterministic Risk Assessment

F - Cash Flow and Escalation Calculation

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Executive Summary

Fission has been engaged by Aurecon to provide indicative project costs for input to the MCA process for the Northern Suburbs Transit Corridor located in Hobart.

The transit corridor runs from the Hobart CBD, along an existing rail corridor north to Berridale for Stage 1 and then continues further north to Granton for Stage 2.

The Concept Design Options Assessment is considering three options for modes of transport, with two corridor options for each, a short option consisting of Stage 1 and a long option consisting of Stages 1 and 2. The modes of transport being considered are:

. Light Rail Transit (LRT), . Bus Rapid Transit (BRT), and . Trackless Trams (TT).

The anticipated cost of each option including risk contingency and escalation is shown in the table below. A more detailed breakdown of the project cost breakdown is contained in Appendix B (Project Cost Summary).

Table 1 Project Cost Summary

Element LRT Long LRT Short BRT Long BRT Short TT Long TT Short

Scoping $15M $12M $12M $9M $13M $10M

Development $30M $23M $23M $18M $26M $20M

Delivery $33M $25M $25M $19M $29M $22M

Property $M $M $M $M $M $M

Construction Cost $244M $186M $203M $156M $220M $168M

Client supplied Vehicles $60M $45M $28M $20M $40M $30M

Total Base Cost $383M $291M $291M $221M $328M $249M

Risk & Contingency $214M $163M $154M $117M $184M $139M

Escalation $88M $63M $67M $47M $76M $54M

Total project Cost $685M $517M $512M $385M $588M $442M

The escalation calculations are based on a construction contract award in Jan 2024 with a 2-year construction period for the short options (Operational 2026) and a 3-year construction period for the long options (Operational 2027).

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Glossary of Terms

Term/Acronym Description

BRT Bus rapid transit

An allowance of funds to cover costs that may be incurred by the Client. In this estimate the Client Contingency is based on all the identified Client Contingency planned and unplanned risks for the Project that are not transferred to the contractor.

Estimate prepared covering the costs associated with the physical construction works. This item generally covers all costs that the Construction Estimate construction Contractor will incur including the cost of plant, materials labour, subcontractors, supervision, overheads, margin.

D&C Design and Construct delivery method

Department of Infrastructure, Transport, Regional Development. & DITRDC Communications

These cover the costs of material, plant, labour and Subcontractors for Direct Job Cost (DJC) the construction of the physical works.

First Principles, or ‘Resource Based Estimating’, is a process of identifying every individual resource element (i.e. la bour, plant, materials and subcontract), required for the construction of a project. DJC and IJC schedule items contain multiple individual resources their associated First Principles rates. First Principles provides a detailed build-up of the estimate costs of each element. A Bill of Quantities schedule item priced using First Principles achieves the most comprehensive detail possible for a cost estimate and therefore, the highest level of accuracy.

These cover the contractor’s site supervision, overheads and recurring costs and all necessary insurances including Contractor’s All Risk, Indirect Job Costs (IJC) Public Liability, Professional Indemnity, Workplace Health & Safety, Portable Long Service Leave Levy, Insurance Excess and Contractor’s Security.

LRT Light Rail Transit

Cost expressed in dollars of the period in which they will be spent. Estimates prepared at a base date can be converted to Out-turn dollars Out-turn Cost by applying an appropriate inflationary rate over the time between the base date and period when the cost is incurred.

PCB Project Cost Breakdown.

This is combination of all costs associated with the project expressed at Project Cost a base date.

TT Trackless Tram

WBS Work Breakdown Structure.

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Scope of Report

Fission has been engaged by Aurecon to provide indicative project costs for input to the MCA process for the Northern Suburbs Transit Corridor located in Hobart.

The transit corridor runs from the Hobart CBD, along an existing rail corridor north to Berridale for Stage 1 and then continues further north to Granton for Stage 2.

The Concept Design Options Assessment is considering three options for modes of transport, with two corridor options for each, a short option consisting of Stage 1 and a long option consisting of Stages 1 and 2. The modes of transport being considered are:

. Light Rail Transit (LRT), . Bus Rapid Transit (BRT), and . Trackless Trams (TT).

The scope of this report is to detail the process and outcomes of the cost estimates prepared for the six options being considered. For each option the following main outputs have been prepared:

. Client Costs . Construction Costs . Risk assessment and associated allowance . Escalation.

This report will form part of the MCA process being undertaken by Aurecon and PWC along with the project Client Project Team.

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Project Background

3.1 Overview

“The Northern Suburbs Rail Corridor is the decommissioned railway tracks that run from Macquarie Point and through Hobart’s Northern Suburbs, including through all Glenorchy’s major commercial areas.

There has been a public campaign for the reinstatement of passenger rail services on the disused railway tracks since 2009, with in-principle support given by all three Tasmanian political parties at numerous elections since 2010.

The Hobart City Deal, signed in February this year, allocates $25 million to delivering a transport solution on the Northern Suburbs Transit Corridor to service, and be supported by, urban renewal.

As part of the City Deal Implementation Plan, Infrastructure Tasmania (IT) has commissioned a Mode Analysis Study for the corridor to determine which mode of transport will deliver the most benefits to Greater Hobart.

Council believes that introducing a rail service is the best transport solution to reduce congestion on our roads and increase investment and job opportunities in Glenorchy.

A Hobart and Northern Suburbs Rail Service would start in the Hobart CBD near Mawson Place and could theoretically run all the way through to the Transport Hub in Brighton. It would provide affordable, accessible and reliable public transport to residents of the Northern Suburbs. This would both encourage urban renewal and reduce the number of cars on Hobart’s heavily congested roads. It would also create jobs and increase opportunities for disadvantaged areas within the northern suburbs by attracting investment and allowing easier and cheaper access to the business and commercial centres of Glenorchy and Hobart.”1

The general scope proposed for the long options comprises the following:

. Long Options - 21 km of predominately single lane dedicated transport corridor with dual lane sections at each station for passing from Hobart CBD to Granton, . 13 new stations (12 dual side, 1 single side), with off board ticketing, . New depot and stabling yard at a location yet to be decided, . Fleet consisting of 8 vehicles, . Reconstruction of the adjacent road pavements and intersections,

1 Glenorchy City Council – Northern Suburbs Rail Corridor – public briefing

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. Traction Power Substations (TPS) at each station and one in the depot, . 1 New bridge, and . 14 km Cycleway.

The general scope proposed for the short options comprises the following:

. Short Options - 12 km of predominately single lane dedicated transport corridor with dual lane sections at each station for passing from Hobart CBD to Berridale, . 10 new stations (9 dual side, 1 single side), with off board ticketing, . New depot and stabling yard at a location yet to be decided, . Fleet consisting of 6 vehicles, . Reconstruction of the adjacent road pavements and intersections, . Traction Power Substations (TPS) at each station and one in the depot, . 1 New bridge, and . 11.8 km Cycleway.

Figure 1 Indicative Location of Hobart Northern Suburbs Transit Corridor

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Main Assumptions

4.1 Documents Reviewed

This Report is based on all drawings, schedules of quantities and other information provided by Aurecon up to and including 8 April 2020 as detailed in Appendix A (Information Received).

4.2 Site Inspection

Information gathered pertaining to site conditions has been obtained from examination of Google Earth.

4.3 Project Assumptions

Key assumptions relied upon in the development of each of the option cost estimates in this report are as follows:

. Estimate base date of March 2020, . Strategic/Concept Design (<5% design development), . Design and construct delivery as a single package, . Scoping Phase from January 2021 to June 2022, . Development phase from July 2022 to December 2023, and . Construction duration from January 2024 to December 2025 for the short options and December 2026 for the long options.

4.4 Scope Quantification Assumptions

Key assumptions relied upon in the development of this cost estimate report are listed in the table below. Further detail of the generation of the project scope for each option can be seen in Appendix C.

Table 2 Main Estimate Assumptions

Element

Environmental works - A percentage allowance based on the cost of the physical works

Traffic management and temporary works - A percentage allowance based on the cost of the physical works

Public utilities adjustments − Allowance for utilities assumed to be located on the CBD loop − Advised no other utility assets in the corridor. − Detailed conflict analysis not undertaken at this stage therefore unit rates approach undertaken

Bulk earthworks

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Element - Advised minimal earthworks required as existing corridor previously used as a rail corridor. No allowance for significant cuts or fills - Material disposal off site, does not go to land fill, therefore the waste levy is not applicable - It is assumed that spoil material will be utilised by the subcontractor within 50km from the project location -

Retaining walls - Advised no retaining walls will be required for current arrangement of single lanes between stations

Drainage - No advice of extent of drainage, allowances made

Bridges / Fauna Crossing - Assumed all bridges, except the existing bridge over Humphreys Rivulet, are suitable for reuse without modification for all mode options. - Bridge at Humphreys Rivulet has been allowed to be demolished and reconstructed.

Rail systems − Extents of double versus single track provided by Aurecon, all other aspects assumed from previous similar projects. − All mode options assumed to be powered by in vehicle battery removing the need for OHLE infrastructure. − Charging points allowed at each station and the stabling yard.

− Unit rates approach based on experience for signalling and communications

Roadworks, landscaping, fencing - Includes road pavements, linemarking, road furniture, landscaping, lighting, signalised intersections and ITS - Pavements based on the design and pavement types provided by Aurecon as shown below, with the addition of concrete pavements for stations and turning areas for BRT and TT due to the stopping and turning actions.

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Element

- All areas of the corridor not required for pavement or track infrastructure is allowed to be soft landscaped - Safety fencing is provided between the cycleway and Mass Transit corridor for all modes of transport. - The existing active transport corridor to be removed when within the transit corridor. A new, realigned active transport corridor to be provided with the transit corridor extents to ensure appropriate integration of the corridors/modes.

Trackwork - Based on design cross-section provided by Aurecon.

- - No reuse of existing ballast material has been allowed

Stations, Stabling and Maintenance Buildings − All stations, except the CBD station, assumed to consist of two outside platforms with connectivity to surrounding pedestrian network and corridor crossing. − CBD Station consists of a single platform − All stations assumed to include the following . Raised platform to suit height of vehicles . Access ramps to platforms . Platform shelters to 70% of the platform area . Tactile ground surfacing treatment . Platform furniture (benches, rubbish bins, leaning posts) . Signage . Add Value Vending Machine (AVVM) on each platform

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Element . Stand Alone Card Interface Device (SACID) on each platform

Stabling and Maintenance Buildings − All transport mode options allow for a stabling and maintenance facility at a location yet to be decided along the corridor. − No allowance is made for the acquisition of property for the depot, it is assumed government owned land will be made available. − An allowance is included for demolition of existing buildings on the depot site which is assumed to be largely flat. − Nominal allowances for formation work, drainage and subgrade treatments have been included. − Track or busway pavement is allowed for stabling vehicles and providing access to the maintenance facility. − A building for undertaking maintenance of the vehicles and an allowance for specialist maintenance equipment is included. − A substation to supply power to the maintenance facility and allow charging of the vehicles while stabled is included (included with the traction power system). − Internal access roads, hardstands and walkways along with fencing and security measures included.

Commissioning and handover - The following allowances are made for testing and commissioning: - 1% of the direct costs for track and busway pavements - 5% of the direct signalling and telecommunications - 3% of the direct traction power costs

Design by contractor − Detailed design by the contractor based on 8% of the direct construction cost

4.5 Limitations of Estimate

The following limitations should be noted:

. The design is currently at strategic stage and the estimate is limited by the design information available, and . Future comparisons with this estimate should only be performed considering any design changes, the contract delivery method, cost rates prevailing at the time, construction program and the current risk profile associated with the construction market at the time.

4.6 Pricing Data Source

Fission’s database of current industry prices (labour, materials, plant and subcontract costs) form the basis of the cost estimates used to prepare the unit rates for each element of the works. The database is updated on a regular basis by seeking current industry prices. These prices are adjusted for a specific project to consider project location and size. The design information available drives the method of cost estimation, for this options assessment exercise there is limited design detail available therefore learnings from experience and past projects have been used to generate the scope and

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apply unit rates and typical allowances for the intended scope. The table below summarizes the pricing method utilised for each major scope element.

Table 3 Estimating Method

Description Estimating Method

First principles Unit rates Global rates

Contractors Indirect Costs 

Environmental Works 

Traffic Management and Temporary Works 

Public Utility Plant (PUP) 

Bulk Earthworks 

Retaining Walls NA

Drainage 

Bridges / Fauna Crossing 

Pavements 

Finishing works 

Traffic Signage, Signals, Controls 

Rolling Stock 

Rail Systems - Overhead wiring NA

Rail Systems - Power Supply and Distribution 

Rail Systems - Signalling 

Rail Systems - Rail Communications 

Rail Systems - Combined Services Route 

Transport Stations, Interchanges, Buildings,  Stations, Stabling and Maintenance Buildings

Trackwork 

Roadworks, Landscaping, Fencing 

Commissioning and Handover 

Principal’s Costs 

Risk and Contingency Deterministic risk analysis for comparative purposes

Escalation DITRDC Project Cost Breakdown spreadsheet

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4.7 Project Staging

As the planning process matures to procurement, it is likely that the procurement and staging of works will change. Currently it is assumed to be delivered as a single package between 2024 and 2027.

The project delivery method is still to be determined, however for the purposes of this estimate a single contract delivered by a traditional design and construct style of contract is assumed. This style of contract is most suitable for this project due to its size and complexity.

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Construction Costs

5.1 Direct Job Costs

Direct Job Costs include all Contractor costs necessary for each physical work item and have been developed by a combination of unit rates of specific elements of the scope from recent similar projects and percentage allowances for elements not yet specified in any detail. The detail of the rates allowed can be see in the detailed estimate build-ups in Appendix D.

5.2 Indirect Job Costs

Indirect Job Costs include any allowances that a Contractor requires to manage the project and cover the recurring and non-recurring Indirect Job costs.

Main elements of the Indirect Job Costs are: . Plant and Equipment Transport, . Supervision, . Survey, . Staff & Labour Allowances, . Finance, . Site Vehicles, . Escalation . Site Facilities, . Small Plant, and . Office Facilities, . Miscellaneous Other Items . Insurances and Fees,

. Site Services

Indirect Job Costs (Preliminaries and Insurance) as a percentage of Direct Job Cost will vary depending on project type, complexity, size and location.

For this Project the Indirect Job Cost include the following:

. Detailed design – allowed as 8.0% of the construction direct costs, and . Onsite overheads (excluding detailed design) is an allowance of 22.5% of the direct job costs.

5.3 Project Profit

The terms Project Profit and Project Margin are generally interchangeable. They both allow for Off- site Overheads and Company Profit.

Off-site Overheads accounts for the Head Office or Corporate costs of the Contractor. Off-site Overheads can vary depending on company size and structure. For this Project it has been assumed that delivery will be by a Tier 1 Contractor with an off-site overhead percentage of 6% of contract value.

Company Profit is the remaining profit once Off-site Overheads have been accounted for and is the return on sales that the Contractor seeks to make on the Project. The percentage will vary depending

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on the type of project (that is Construct only or Design and Construct), level of construction risk, complexity of project, construction market conditions, Contractor workload. For this project a margin of 4% of contract value was adopted.

These percentages are appropriate based on recent discussions with contractors working in the transport infrastructure construction market.

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Principal’s Costs

6.1 Principal’s Costs Summary

The following table summarises the basis for the principal’s costs per project phase for each option.

Table 4 Principal’s Cost Basis of Estimate

Element Basis of Estimate

Scoping

Project Management 1% of Construction Cost

Design and Investigation 4% of Construction Cost

Development

Project Management 2% of Construction Cost

Reference Design 8% of Construction Cost

Delivery (Including finalisation)

Project Management 3% of Construction Cost

Contract Administration 6% of Construction Cost

Client Supplied Insurance, Fees, Levies 2% of Construction Cost

Finalisation

Finalisation 5% of Construction Cost

Property

Purchase Price Excluded

Client Supplied Materials

Purchase of vehicles See below

It is assumed that the client will purchase the vehicles for use during operation. The following units have been assumed for each of the transport mode options with 8 units required for the long options and 6 units required for the short options.

LRT – Assumes the Bombardier Flexity 2 will be used. It is a tram or light-rail vehicle manufactured by Bombardier Transportation. It is 100% low-floor, in order to easily accommodate wheelchairs and pushchairs. The trams are bi-directional, with cabs at both ends and doors on both sides and are articulated with five sections. The cost allowed for each unit is $7.5m and is deemed to allow for the small order and provision of on-board batteries.

Figure 2 Example Flexity 2 Tram

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BRT – Assumes a ‘high spec’ bi-articulated bus similar to the Van Hool Exqui City shown in the image below. It is 100% low-floor, in order to easily accommodate wheelchairs and pushchairs. The busses are single directional with doors on one side only and require a turnaround facility at the northern terminus of the corridor. The cost allowed for each unit is $3.5m and is deemed to allow for the small order and provision of on-board batteries.

Figure 3 BRT - Van Hool Exqui City

TT – Assumes the CRRC ART will be used. It is similar to a light rail vehicle however operates on road and does not require tracks. It is 100% low-floor, in order to easily accommodate wheelchairs and pushchairs. The trackless trams are bi-directional, with cabs at both ends and doors on both

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sides and are articulated with five sections. The cost allowed for each unit is $5m and is deemed to allow for the small order and provision of on-board batteries.

Figure 4 TT - CRRC ART

The total principal’s costs (excluding property, PUP and purchase of LRV’s) as a percentage of the construction cost is 26%.

6.2 Staff and Technical Advisors

Principal’s costs were generated from percentage allowances for projects of this type delivered by a state government department. These allowances are intended to cover the following:

. State Development Costs (Project Management, Legal, Technical Review, Governance), . Technical advisors, . Principal Arranged Insurance, . Contract Supervision, and . Infrastructure Sustainability Council of Australia (ISCA) sustainability performance rating, and

These costs will vary depending on value, complexity, location and type of project delivery and given the stage of the project, they are allowances based on past projects of a similar size and complexity.

6.3 Sunk Costs

We have not considered sunk costs in the estimate.

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6.4 Property

We have been instructed not to consider property acquisition costs. It should be noted that land will be required for the stabling/maintenance yard somewhere along the corridor and there are some minor areas of land identified by the design team that may need to be acquired.

6.5 Public Utility Plant

Allowances for removal, relocation or protection of existing PUP within the road reserve or light rail corridor are included within contract works in the direct cost schedule.

No further allowance has been included in the Client Costs for PUP works.

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Construction Methodology

7.1 Overview

Key constructability consideration for the project are:

. Maintaining access and working within the existing road corridor in the CBD, . Maintaining access along the long narrow rail corridor in areas where there is no access beside the corridor, . Management of cyclists along the existing cycleway during construction, and . Traffic management and the various road crossings and site access points.

The construction program is presented in Appendix G (Construction Programme).

7.2 Development and Delivery Periods

The expenditure profile derived from the construction estimate and anticipated duration for each option is detailed below.

Table 5 Delivery Periods and Monthly Cashflow

Start LRT Long LRT Short BRT Long BRT Short TT Long TT Short

Construction Duration 36 24 36 24 36 24

Construction Cost $244M $186M $203M $155M $220M $167M

Average Monthly Spend $6.8M/mon $7.8M/mon $5.6M/mon $6.5M/mon $6.1M/mon $6.9M/mon

The above average monthly spends over the project delivery are considered achievable and should be bettered once further investigation is undertaken.

It should be noted that the construction values above exclude risk and escalation which could increase the monthly spend

7.3 Construction Methods

The construction methods assumed for the delivery of the works are common, business as usual practices for works of this nature in a constrained corridor consisting of brownfield sections and arterial road environment. No special techniques or equipment have been assumed and it is anticipated that sufficient resources (plant, labour and materials) are available to deliver this type of work.

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Risk and Opportunity Review

8.1 Introduction

A high-level deterministic assessment of the risk associated with each option was undertaken using the Strategic Contingency / Risk Table as developed by the RTA in NSW and also used by Queensland Department of Transport for the early assessment of transport infrastructure projects. The matrix requires the assessment of a list of project characteristics and gives guidance on the percentage allowance of the base costs to include in the contingency. The characteristics considered are,

. Project Scope, . Risks, . Constructability, . Key Dates, . Information, and . Length of the Project.

Each option was assessed, and the percentage allowance included for each is detailed in the table below.

Table 6 Risk Allowance Summary

Option % Allowance

LRT Long 56%

LRT Short 56%

BRT Long 53%

BRT Short 53%

TT Long 56%

TT Short 56%

In general, the BRT options were assessed as being less risky due to the relatively simple technology and form of the infrastructure.

8.2 Next Steps

Further design development will reduce the uncertainty in the scope and estimate quantum.

The assumptions made in forming this estimate will be crystalized into clearer scope for the project. For most projects, the risk contingency as a percentage of the base project cost generally reduces as the design is developed and better understood (with a corresponding increase in base cost estimate). However, it is quite possible that for this project that due to the conservative nature of the base

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estimate that this may not be the case. Only more design development and further estimating will determine if this is the case.

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Escalation Calculation

9.1 Escalation Indices

The allowance for escalation of costs for the project has been determined by applying escalation indices using the Department of Infrastructure, Transport, Regional Development and Communities (DITRDC) Project Cost Breakdown (PCB) template across the various years of project expenditure. The table below summarises the escalation indices used in the estimate.

Table 7 Escalation Indices

Current DITRDC Financial Year Annual Escalation rate 2

2019/2020 4.4%

2020/2021 2.8%

2021/2022 3.2%

2022/2023 3.2%

2023/2024 2.7%

2024/2025 2.3%

2025/2026 2.1%

2026/2027 onwards 2.7%

9.2 Project Cashflow

The detailed timing of the project delivery is not yet defined and for the purposes of producing an escalation value the cost has been spread uniformly across the months with escalation applied per month for each option. The escalation calculation for each option is included in Appendix F.

2 Rates from DITRDC’s PCB Spreadsheet urban, Design and Construct reference class 6 (urban) stereotype, received 02/01/20

F2011 NSTC MCA Options v03 27 Appendix A - Information Reviewed

F2011 NSTC MCA Options v03 Appendix A - Information Received Northern Suburbs Transit Corridor MCA Dwg / Sketch Details if applicable Date In/Out From To Ref Document Description Dwg Number Rev Format 02-Apr-20 Incoming A van Gent N Perkins Draft technical memo 07-Apr-20 Incoming A van Gent D Griffiths Corridopr section types and pavement designs 07-Apr-20 Incoming A van Gent D Griffiths Macquarie Point Station 08-Apr-20 Incoming A van Gent D Griffiths Responses to Queries 1 08-Apr-20 Incoming A van Gent D Griffiths Responses to Queries 2 08-Apr-20 Incoming A van Gent D Griffiths Updated Technical Memo

Commercial in confidence

Appendix B - Project Cost Summary

F2011 NSTC MCA Options v03 Northern Suburbs Transit Corridor MCA Construction Estimate

Construction Cost Summary Option 1: Light Rail Transit - Long Option 1: Light Rail Transit - Short Option 2: Bus Rapid Transit - Long Option 2: Bus Rapid Transit - Short Option 3: Trackless Tram Transit - Long Option 3: Trackless Tram Transit - Short Item PCB Code Description Basis of cost Amount Basis of cost Amount Basis of cost Amount Basis of cost Amount Basis of cost Amount Basis of cost Amount A Client Cost 78,973,743 60,125,724 60,079,504 45,612,225 67,723,935 51,398,735 A1 Scoping 15,187,258 11,562,639 11,553,751 8,771,582 13,023,834 9,884,372 A1.1 Project Management 1.0% of B 3,037,452 1.0% of B 2,312,528 1.0% of B 2,310,750 1.0% of B 1,754,316 1.0% of B 2,604,767 1.0% of B 1,976,874 A1.2 Design and Investigation 4.0% of B 12,149,807 4.0% of B 9,250,111 4.0% of B 9,243,001 4.0% of B 7,017,265 4.0% of B 10,419,067 4.0% of B 7,907,498 A2 Development 30,374,517 23,125,278 23,107,501 17,543,164 26,047,667 19,768,744 A2.1 Project Management 2.0% of B 6,074,903 2.0% of B 4,625,056 2.0% of B 4,621,500 2.0% of B 3,508,633 2.0% of B 5,209,533 2.0% of B 3,953,749 A2.2 Design and Investigation 8.0% of B 24,299,613 8.0% of B 18,500,223 8.0% of B 18,486,001 8.0% of B 14,034,531 8.0% of B 20,838,134 8.0% of B 15,814,995 A3 Delivery 33,411,968 25,437,806 25,418,252 19,297,480 28,652,434 21,745,619 A3.1 Project Management 3.0% of B 9,112,355 3.0% of B 6,937,584 3.0% of B 6,932,250 3.0% of B 5,262,949 3.0% of B 7,814,300 3.0% of B 5,930,623 A3.2 Contract Administration 6.0% of B 18,224,710 6.0% of B 13,875,167 6.0% of B 13,864,501 6.0% of B 10,525,898 6.0% of B 15,628,600 6.0% of B 11,861,246 A3.3 Client supplied insurance, fees, levies 2.0% of B 6,074,903 2.0% of B 4,625,056 2.0% of B 4,621,500 2.0% of B 3,508,633 2.0% of B 5,209,533 2.0% of B 3,953,749 A3.4 Other delivery phase costs 0.0% of B - 0.0% of B - 0.0% of B - 0.0% of B - 0.0% of B - 0.0% of B - A4 Property ------A4.1 Purchase price A4.2 Transactional cost and other costs % of A4.1 % of A4.1 % of A4.1 % of A4.1 % of A4.1 % of A4.1 A4.3 Business compensation % of A4.1 % of A4.1 % of A4.1 % of A4.1 % of A4.1 % of A4.1 A4.4 Environmental offsets % of A4.1 % of A4.1 % of A4.1 % of A4.1 % of A4.1 % of A4.1 B Construction Cost 303,745,167 231,252,783 231,075,014 175,431,635 260,476,673 197,687,442 B1 Contractor's Direct Construction Cost 180,886,951 138,220,990 150,705,020 115,496,575 163,619,053 124,443,370 B1.1.1 1 Environmental works 6,565,564 4,837,394 5,682,071 4,177,947 6,046,786 4,423,475 B1.1.2 2 Traffic management and temp works 7,763,388 5,932,231 6,468,027 4,956,935 7,022,277 5,340,917 B1.1.3 3 Public utilities adjustments 6,806,000 6,806,000 6,806,000 6,806,000 6,806,000 6,806,000 B1.1.4 4 Bulk earthworks 19,927,281 12,942,095 7,250,809 4,944,404 7,250,420 4,940,416 B1.1.5 5 Retaining walls ------B1.1.6 6 Drainage 5,035,617 3,329,939 6,382,008 4,176,671 6,280,098 4,075,113 B1.1.7 7 Bridges / Fauna Crossing 525,000 525,000 525,000 525,000 525,000 525,000 B1.1.8 8 Tunnels ------B1.1.9 9 Rolling Stock ------B1.1.10 10 Rail Systems - Overhead wiring ------B1.1.11 11 Rail Systems - Power Supply and Distribution 27,577,487 21,482,311 27,577,487 21,482,311 27,577,487 21,482,311 B1.1.12 12 Rail Systems - Signalling 11,095,200 7,329,800 3,488,800 2,333,700 11,095,200 7,329,800 B1.1.13 13 Rail Systems - Rail Communications 5,097,600 3,357,400 5,177,600 3,437,400 5,097,600 3,357,400 B1.1.14 14 Rail Systems - Combined Services Route ------B1.1.15 15 Roadworks, Landscaping, Fencing 17,237,201 13,791,347 44,729,545 32,116,464 44,513,982 31,863,191 B1.1.16 16 Transport Stations, Interchanges, Buildings, Stations, Stabling and Maintenance Buildings 25,527,328 22,790,182 21,890,237 19,769,074 25,493,646 22,728,901 B1.1.17 17 Trackwork 33,411,834 24,239,973 3,117,950 1,906,550 3,037,950 1,846,550 B1.1.18 18 Commissioning and Handover 1,896,030 1,365,745 1,260,645 933,024 1,636,965 1,178,829 B1.1.19 19 Design (if by contractor) 12,421,422 9,491,570 10,348,843 7,931,095 11,235,643 8,545,467 B1.1.20 20 Supplementary items ------B2 Contractor's Indirect Construction Cost 62,858,216 48,031,794 52,369,994 40,135,060 56,857,621 43,244,071 B2.1 Design 0.0% of B1 - 0.0% of B1 - 0.0% of B1 - 0.0% of B1 - 0.0% of B1 - 0.0% of B1 - B2.2 Onsite overheads 22.5% of B1 40,699,564 22.5% of B1 31,099,723 22.5% of B1 33,908,629 22.5% of B1 25,986,729 22.5% of B1 36,814,287 22.5% of B1 27,999,758 B2.3 Margin (offsite overheads & profit) 10.0% of B1 + B2.1 + B2.2 22,158,652 10.0% of B1 + B2.1 + B2.2 16,932,071 10.0% of B1 + B2.1 + B2.2 18,461,365 10.0% of B1 + B2.1 + B2.2 14,148,330 10.0% of B1 + B2.1 + B2.2 20,043,334 10.0% of B1 + B2.1 + B2.2 15,244,313 B3 Client supplied materials and construction services 60,000,000 45,000,000 28,000,000 19,800,000 40,000,000 30,000,000 B3.1 Client supplied materials and construction services 8 7,500,000.00 60,000,000 6 7,500,000.00 45,000,000 8 3,500,000.00 28,000,000 6 3,300,000.00 19,800,000 8 5,000,000.00 40,000,000 6 5,000,000.00 30,000,000 A + B Total Base Cost 382,718,910 291,378,507 291,154,518 221,043,860 328,200,608 249,086,176 C Risk & Contingency 56.0% of A + B 214,322,590 56.0% of A + B 163,171,964 53.0% of A + B 154,311,895 53.0% of A + B 117,153,246 56.0% of A + B 183,792,341 56.0% of A + B 139,488,259 A + B + C Total Project Cost (Current $) 597,041,500 454,550,471 445,466,413 338,197,106 511,992,949 388,574,435 D Escalation 14.8% of A + B + C 88,376,833 13.8% of A + B + C 62,578,610 15.0% of A + B + C 66,883,164 14.0% of A + B + C 47,194,524 14.9% of A + B + C 76,411,746 13.9% of A + B + C 53,877,676 A + B + C + D Total Project Cost (Out-turn $) 685,418,332 517,129,081 512,349,576 385,391,630 588,404,696 442,452,111

Benchmarking / checks Construction Cost $/m of track 9,563 11,095 7,195 10,837 7,307 11,095 Construction Cost $/m of corridor 11,545 13,861 9,440 11,247 10,443 12,480 Totral Cost $/m of track 26,892 30,805 19,791 22,423 23,086 26,357 Total Cost $/m of corridor 32,464 38,485 23,816 27,852 27,869 32,928

F2011 NSTC Concept Design Options v03 1 of 7 17/11/2020

Appendix C – Project Scope Assumptions

F2011 NSTC MCA Options v03 Northern Suburbs Transit Corridor MCA Construction Estimate Contractor's Construction Cost Estimate

Item PCB Code Description Unit Notes h2 option inputs: single width m dual width m cycleway width m CBD loop width m dual track m taper track m single track m Assumed 400m turning loop for brt options. CBD loop length m corridor length (not including CBD loop). m # of stations (not including Hobart CBD) each station platform width m station platform length m trams are 30+m long removal of existing track m road crossing length m road crossing locations each # of TPS including 1 for depot each Assumed 1 Substation per station and one for stabling yard. # of transitions from single to dual each length of existing cycleway m length of new cycleway m CSA single track ballast m² CSA single track ballast m² single track ballast base width m dual track ballast base width m Area of formation for LRT/BRT/TT m² Depth of excavation for LRT/BRT/TT m Turnouts (excluding Depot) no Charging points within depot no Number of vehicles no Track length/Carriageway length m Area of cycleway pavement m² Area of busway pavement m² n Notes: n The below schedule is not a comprehensive list - please refer to TMR's MRS and include additional line items as n Supplementary items: generally, some typical items have been provided as prompts however please add additional line h1 NORTHERN SUBURBS TRANSIT CORRIDOR h1 SCHEDULE A: PRELIMINARIES h2 Contractors Design 90000 19 Detailed Design % Assumed 8% of DJC. h2 Provision for Traffic 20001 2 Provision for traffic % Assumed 5% of DJC. h2 Contractor's Site Facilities and Camp 20101 2 Contractor's Site Facilities % h2 Environmental Management 20203 1 Implement Environmental Management Plan (Construction) % Assumed 3.5% of DJC. t Total Schedule A: Preliminaries h1 SCHEDULE B: DRAINAGE h2 Drainage Removal/Demolition 30006 6 Removal or demolition of concrete kerb and channel including m Allowed 10% of corridor length requiring k&c removal. kerb crossings 30007 6 Removal or demolition of concrete slabs m² Allowed for removal of the full length of existing cycleway path. 30008 6 Removal or demolition of gullies each Allowed 1 per km of corridor for all options. 30009 6 Removal or demolition of access chambers each Allowed 1 per km of corridor for all options. h2 Supply And Installation Of Culverts 30251 6 Supply and installation of steel-reinforced concrete pipe culvert m Allowed 20% of corridor for longitudinal drainages. components, Class [3], [375] mm diameter, [road] environment 30251 6 Supply and installation of steel-reinforced concrete pipe culvert m One culvert at Culvert New Town Rivulet CH5400. components, Class [3], [1200] mm diameter, [road] environment h2 Concrete In Culverts And End Structures

F2011 NSTC Concept Design Options v00r05 1 of 7 28/04/2020 30358 6 End structures to culverts, reinforced concrete m³ Allowed for insitu end structures for CH5400

30362 6 Aprons to culverts, reinforced concrete m³ Allowed for insitu end structures for CH5401 30366 6 Precast concrete end structures to culverts, [size] each Allowed 2 every 200m h2 Pavement Drainage 30451 6 Concrete kerb, [type] m Allowed 1k&c for corridor for LRT and 2 k&c for corridor for BRT and TT 30462 6 Concrete gullies, [size | description] each Allowed 1 gully every 200m of k&c 30463 6 Concrete access chambers, [size | description] each Allowed 1 access chamber every 2 gullies h2 Subsurface Drainage 30551 6 Subsoil drains, [type], [size] mm diameter m assume 1 line for full length 30553 6 Subsoil drain outlet connection, [size] mm diameter each Allowed 1 every 200m 30554 6 Subsoil drain clean-out, [size] mm diameter each Allowed 1 every 500m h2 Protective Treatments 30661 6 Hand-placed concrete paving, [thickness] mm thick m² Allowed 10% of corridor not covered by cycleway or track/road 30666 6 Rock protection m³ Allowed 3m³ for each major culvert h2 Supplementary Items 90000 6 Raise or lower concrete access chambers, gullies and service each Allowed 1 per km of corridor covers 90000 6 Connect new culvert to existing concrete access chamber or each Allowed 1 per 2km of corridor gully 90000 6 Excavation and shaping of surface water channel Lump Allowance for formation shaping 90000 6 Supply and installation of Gross Pollutant Trap (GPT) each Allowed 1 per 10km of corridor

90000 6 Supply and installation of pedestrian crossing pram ramps each Allowed 2 per road crossing. t Total Schedule B: Drainage h1 SCHEDULE C: RETAINING WALLS & NOISE BARRIERS h2 Demolition h2 Retaining Walls 5 Retaining wall #1, [location] m² na advised no retaining walls required. 5 Retaining wall #2, [location] m² na advised no retaining walls required. h2 Noise Barriers 50504 1 Design, supply and construction of noise barrier, [height] m m Allowed one side of 20% of corridor. t Total Schedule C: Retaining Walls & Noise Barriers h1 SCHEDULE D: EARTHWORKS h2 General Earthworks h2 Earthworks, Preparation 32001 4 Clearing and grubbing m² Allowed for area of corridor excluding CBD loop. 32003P 4 Stripping of topsoil (Provisional Quantity as directed). m³ Allowed 10% of corridor area with 150mm thick. h2 Earthworks, Excavation 32101 4 Excavation, all materials m³ Box out -assume all contaminated (hydrocarbons and asbestos). 32122P 4 Excavation of unsuitable material. m³ Box out -assume all contaminated (hydrocarbons and asbestos). h2 Earthworks, Embankment 32201 4 Embankment m³ Assumed no change to vertical profile. h2 Earthworks, Subgrade Testing & Treatments 32302 4 Subgrade testing (Provisional Quantity, if ordered) each Allowed test every 500m². 32306P 4 Subgrade treatment Type A (Provisional Quantity, if ordered) m² Allowed for 90% of the excavation area.

32310P 4 Subgrade treatment Type B, replace with fill material, m³ Allowed for 10% of the excavation area. h2 Earthworks, Backfill 32402 4 Backfill with select backfill material to [description] m³ Backfill for unsuitable.

h2 Earthworks, Turnouts, Entrances And Stopping Places 32502 4 Entrances to private property m Covered by level crossing count h2 Capping 90000 4 Supply of capping material (under ballast) m³ 150mm capping layer under track ballast. 90000 4 Placement of capping material m³ 150mm capping layer under track ballast. h2 Access Road h2 Supplementary Items 90000 4 Saw cutting existing pavement, [depth] mm depth (road m Allowed length of road crossings x2 (both sides). 90000 4 Saw cutting existing pavement, [depth] mm depth (CBD) m Allowed length CBD loop x2 (both sides). 90000 4 Mill existing pavement, [depth] mm depth (road crossings) m² Allowed area of road crossings. 90000 4 Mill existing pavement, [depth] mm depth (CBD) m² Allowed area of CBD loop.

F2011 NSTC Concept Design Options v00r05 2 of 7 28/04/2020 t Total Schedule D: Earthworks h1 SCHEDULE E: BRIDGES & TUNNELS

7 Bridge #1, [description: length, width, lanes, etc] m² Allowed for remove and replace of bridge on corridor. t Total Schedule E: Bridges & Tunnels h1 SCHEDULE F: TRACK & TURNOUTS h2 Track Removal/Demolition 17 Removal of track, complete, [gauge], [rail mass] m 17 Removal of turnout, [gauge], [x'ing rate] each Allowed 1 existing turnout every 3km. h2 Track Slewing h2 Track Materials Supply/Transport 17 Supply and transport of ballast material m³ Allowed for 100% new ballast. 17 Supply and transport of sleepers, [gauge] each Track length / 600mm centres. 17 Supply and transport of rail, [gauge], [rail mass], [HH/PC] tonne Track length x 2 x 60kg. 17 Supply and transport of turnouts, [gauge], [x'ing rate] each h2 Construct Track 17 Construction of track, manual [mainline/passing m 17 Construction of track, in situ trackform m 17 Construction of turnouts, [gauge], [x'ing rate] each h2 Trackform 17 Track slab, [CBD Loop] m² Area of CBD loop. 17 Track slab, [Level crossings] m² Area of level crossings. h2 Miscellaneous Works 17 Monuments each 17 Buffer stops, [type] each h2 Supplementary Items h2 Testing and commissioning 18 Testing and commissioning of track & turnouts item Allowed 1% of track and turnout construction cost. t Total Schedule F: Track & Turnouts h1 SCHEDULE G: CHARGING POWER SYSTEMS h2 OHLE Removal/Demolition na h2 Masts and portals h2 Overhead wire h2 Power 11 Supply and installation of traction power pits each 11 Depot Feeding Station (DFS) item Assumed 6 point charging station for long option and 4 for short. 11 Flash Feeding Stations (FFS) item Assumed flash charging station at each station. h2 Substations p 11 Substations each One per station and 1 for the stabling yard. Assumed will fit within station boundary (no demo required). c Prepare site m² c Drainage item c Pavements m² c Fencing, [height], [type] m c Gate, [height], [width], [type] each c Substation building including base fit out, mechanical & m² electrical c Substation power, comms, transformers, cabling, conduits item c Substation testing & commissioning item c Energex 11kV connection item h2 Staging requirements n Provide detail as appropriate h2 Testing and commissioning 18 Testing and commissioning charging power system item Allowed 3% of charging and power systems costs. t Total Schedule G: Charging power systems h1 SCHEDULE H: SIGNALLING & TELECOMMUNICATIONS

12 Allowance for signalling m Allowance per track meter. 13 Allowance for telecommunications m Allowance per track meter. h2 Level Crossings 12 Active level crossings each Allowed 2 per level crossing and 1 per station (excluding Hobart CBD).

F2011 NSTC Concept Design Options v00r05 3 of 7 28/04/2020 h2 Testing and commissioning 18 Testing and commissioning of signalling & telecommunications item Allowed 5% of signalling and communications costs. t Total Schedule H: Signalling & Telecommunications h1 SCHEDULE I: STABLING YARDS

4 Stabling yard - formation and earthworks item :: Stabling yard and maintenance facility dependant on vehicle 15 Stabling yard - pavements/ hardstands etc item size and quantity. 17 Stabling yard - trackworks and pavements item :: Substation priced elsewhere. 16 Stabling yard - building works item :: Allowance to demo site included. 16 Stabling yard - specialist maintenance equipment item t Total Schedule I: Stabling Yards h1 SCHEDULE J: STATIONS p 16 Single platform each Allowed for single platform in CBD. c c Demolition c Demolish existing platform, complete m² na c Remove existing footbridge and lifts m na c c Platform structures c Site preparation m² length of platform + 2 meters x width + 2 meters x number of platforms c Drainage item allowance to connect into network c Construct new platform m² length x width c Construct access ramp and stairs for platform (includes each allowed both ends of platform c Construct new footbridge m c Lift including lift pit, structure, glazed roof and lift each c Stairs including landings, nosings, finishing and glazed each balustrade c Station building m² na c Platform shelters m² assumed 70% cover to platform c c Platform works c Leading edge coping to platform m length of leading edge x # of platforms c Tactile ground surface indicators (TGSI) m length of leading edge and sides x # of platforms c Stopping marks and boarding point symbols each number of doors x platforms c Station furniture m² c Wayfinding signage item c Advertising signage item c Add Value Vending Machine (AVVM) each 1 per platform c Stand Alone Card Interface Device (SACID) each c Fare gates each c c Lighting, comms, security, fire and power c Electrical utility connections item c Comms utility connections item c Water utility connections item c Lighting m² c CCTV Installation m² c Fire protection m² c PA System m² c Tel & data equipment & fit out m² c Hearing Aid Loop (HAL) to entry area item c Hearing Aid Loop (HAL) at boarding points each c Emergency call point each c Duress button each c Duress alarm each c c Special provisions c Additional architectural finishes and fit out m² c Bicycle stand, [type] each c Bicycle lockers, [type] each c Bicycle enclosure m² c c Urban design c Artwork / Sculptures, [description] item included above c Architectural Treatments, [type], [description], [location] item included above c Landscaping Treatments, [type], [description], [location] item included above p 16 Twin platform each Allowed for dual platforms. c c Demolition c Demolish existing platform, complete m² na c Remove existing footbridge and lifts m na c c Platform structures c Site preparation m² length of platform + 2 meters x width + 2 meters x number of platforms c Drainage item allowance to connect into network c Construct new platform m² length x width

F2011 NSTC Concept Design Options v00r05 4 of 7 28/04/2020 c Construct access ramp and stairs for platform (includes each allowed at one end of each platform c Construct new footbridge m c Lift including lift pit, structure, glazed roof and lift each c Stairs including landings, nosings, finishing and glazed each balustrade c Station building m² c Platform shelters m² assumed 70% cover to platform c c Platform works c Leading edge coping to platform m length of leading edge x # of platforms c Tactile ground surface indicators (TGSI) m length of leading edge and sides x # of platforms c Stopping marks and boarding point symbols each number of doors x platforms c Station furniture m² c Wayfinding signage item c Advertising signage item c Add Value Vending Machine (AVVM) each 1 per platform c Stand Alone Card Interface Device (SACID) each c Fare gates each c c Lighting, comms, security, fire and power c Electrical utility connections item c Comms utility connections item c Water utility connections item c Lighting m² c CCTV Installation m² c Fire protection m² c PA System m² c Tel & data equipment & fit out m² c Hearing Aid Loop (HAL) to entry area item c Hearing Aid Loop (HAL) at boarding points each c Emergency call point each c Duress button each c Duress alarm each c c Special provisions c Additional architectural finishes and fit out m² c Bicycle stand, [type] each c Bicycle lockers, [type] each c Bicycle enclosure m² c c Urban design c Artwork / Sculptures, [description] item included above c Architectural Treatments, [type], [description], [location] item included above c Landscaping Treatments, [type], [description], [location] item included above p 16 each Allowed for dual platforms. c c Demolition c Demolish existing platform, complete m² na c Remove existing footbridge and lifts m na c c Platform structures c Site preparation m² length of platform + 2 meters x width + 2 meters x number of platforms c Drainage item allowance to connect into network c Construct new platform m² length x width c Construct access ramp and stairs for platform (includes each allowed both ends of each platform c Construct new footbridge m c Lift including lift pit, structure, glazed roof and lift each c Stairs including landings, nosings, finishing and glazed each balustrade c Station building m² c Platform shelters m² assumed 70% cover to platform c c Platform works c Leading edge coping to platform m length of leading edge x # of platforms c Tactile ground surface indicators (TGSI) m length of leading edge and sides x # of platforms c Stopping marks and boarding point symbols each number of doors x platforms c Station furniture m² c Wayfinding signage item c Advertising signage item c Add Value Vending Machine (AVVM) each 1 per platform c Stand Alone Card Interface Device (SACID) each c Fare gates each c c Lighting, comms, security, fire and power c Electrical utility connections item c Comms utility connections item c Water utility connections item c Lighting m² c CCTV Installation m² c Fire protection m² c PA System m² c Tel & data equipment & fit out m² c Hearing Aid Loop (HAL) to entry area item

F2011 NSTC Concept Design Options v00r05 5 of 7 28/04/2020 c Hearing Aid Loop (HAL) at boarding points each c Emergency call point each c Duress button each c Duress alarm each c c Special provisions c Additional architectural finishes and fit out m² c Bicycle stand, [type] each c Bicycle lockers, [type] each c Bicycle enclosure m² c c Urban design c Artwork / Sculptures, [description] item included above c Architectural Treatments, [type], [description], [location] item included above c Landscaping Treatments, [type], [description], [location] item included above t Total Schedule J: Stations h1 SCHEDULE K: PAVEMENTS

15 Pavement, [type 1 CBD loop] m²

15 Pavement, [type 2 road crossings] m²

15 Pavement, [type 2 ped crossings at stations] m²

15 Pavement, [type 3 cycleway] m²

15 Pavement, [type 4 transport corridor] m² t Total Schedule K: Pavements h1 SCHEDULE L: LINEMARKING h2 Road Surface Delineation 52109 15 Lane line, continuous, [width] mm wide, colour [colour], m Allowance for new and impacted longitudinal line marking. 52117 15 Transverse lines [description], colour [colour], material m² Allowance for new and impacted transverse line marking. [material]

h2 Removal of existing line marking h2 Raised Pavement Markers h2 Supplementary Items t Total Schedule L: Linemarking h1 SCHEDULE M: ROAD FURNITURE h2 Demolition 50001 15 Demolition of road furniture, as listed in Clause 3 of Annexure Lsum Plug allowance for demolition of road furniture MRTS14.1 h2 Guidance And Information Systems 50052 15 Supply of regulatory, warning and hazard sign faces, as listed Lsum Plug allowance for demolition of road furniture in Clause 1.3 of Annexure MRS14.1. 50061 15 Supply, erection and removal of project signs, [2] signs Lsum Allowed for 2 project signs. h2 Roadside Structures 50167 15 Fencing, [type], [height] m high m Allowed for the length of new cycleway (one side). h2 Supplementary Items t Total Schedule M: Road Furniture h1 SCHEDULE N: LANDSCAPING

15 Landscaping, basic revegetation of corridor m² Assumed 2m width of revegetation along corridor. 15 Landscaping, landscaping at stations no t Total Schedule N: Landscaping h1 SCHEDULE O: ROAD LIGHTING, TRAFFIC SIGNALS & ITS h2 Road Lighting h2 Removal of road lighting equipment h2 Conduit and conduits fittings underground 60007 15 Supply and installation of [No.] of [diameter] mm, [material], m [type] conduit(s), in [surface]

F2011 NSTC Concept Design Options v00r05 6 of 7 28/04/2020 h2 Cable jointing pits 60204 15 Supply and installation of cable jointing pit, [type] each 60205 15 Construction of pit surround, [type] each h2 Road lighting footings 60351 15 Road lighting pole footing, [diameter] mm diameter each h2 Road Lighting 60719 15 Supply and installation of [base plate mounted | slip base | each energy absorbing] road lighting pole, [height] mm vertical height, [length] mm long [single | double] outreach arm, [with | without] outreach arm extension [with underground cabling and 60724 15 Supplyfused junction and installation box in pit of | withroad aerial lighting supply luminaire, | with [nameloop in ofloop each manufacturer], [type of luminaire] h2 Switchboards h2 Mains connection 62102 15 Installation of mains connection including mains connection each cable h2 Power Cables h2 Traffic Signals h2 Removal of existing signalised intersections h2 Modification or construction of new signalised intersections 15 Signalised intersection, [location] item h2 Intelligent Transport Systems (ITS) t Total Schedule O: Road Lighting, Traffic Signals & ITS h1 SCHEDULE P: MISCELLANEOUS t Total Schedule P: Miscellaneous h1 SCHEDULE Q: PUP

3 Water m 3 Sewer m 3 Power m 3 Telecommunications m 3 Gas m t Total Schedule P: Miscellaneous t Total Construction Cost

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F2011 NSTC Concept Design Options v00r05 7 of 7 28/04/2020

Appendix D – Detailed Cost Estimate

F2011 NSTC MCA Options v03 Northern Suburbs Transit Corridor MCA Construction Estimate

Construction Cost Summary Option 1: Light Rail Transit - Long Option 1: Light Rail Transit - Short Option 2: Bus Rapid Transit - Long Option 2: Bus Rapid Transit - Short Option 3: Trackless Tram Transit - Long Option 3: Trackless Tram Transit - Short Item PCB Code Description Basis of cost Amount Basis of cost Amount Basis of cost Amount Basis of cost Amount Basis of cost Amount Basis of cost Amount A Client Cost 78,973,743 60,125,724 60,079,504 45,612,225 67,723,935 51,398,735 A1 Scoping 15,187,258 11,562,639 11,553,751 8,771,582 13,023,834 9,884,372 A1.1 Project Management 1.0% of B 3,037,452 1.0% of B 2,312,528 1.0% of B 2,310,750 1.0% of B 1,754,316 1.0% of B 2,604,767 1.0% of B 1,976,874 A1.2 Design and Investigation 4.0% of B 12,149,807 4.0% of B 9,250,111 4.0% of B 9,243,001 4.0% of B 7,017,265 4.0% of B 10,419,067 4.0% of B 7,907,498 A2 Development 30,374,517 23,125,278 23,107,501 17,543,164 26,047,667 19,768,744 A2.1 Project Management 2.0% of B 6,074,903 2.0% of B 4,625,056 2.0% of B 4,621,500 2.0% of B 3,508,633 2.0% of B 5,209,533 2.0% of B 3,953,749 A2.2 Design and Investigation 8.0% of B 24,299,613 8.0% of B 18,500,223 8.0% of B 18,486,001 8.0% of B 14,034,531 8.0% of B 20,838,134 8.0% of B 15,814,995 A3 Delivery 33,411,968 25,437,806 25,418,252 19,297,480 28,652,434 21,745,619 A3.1 Project Management 3.0% of B 9,112,355 3.0% of B 6,937,584 3.0% of B 6,932,250 3.0% of B 5,262,949 3.0% of B 7,814,300 3.0% of B 5,930,623 A3.2 Contract Administration 6.0% of B 18,224,710 6.0% of B 13,875,167 6.0% of B 13,864,501 6.0% of B 10,525,898 6.0% of B 15,628,600 6.0% of B 11,861,246 A3.3 Client supplied insurance, fees, levies 2.0% of B 6,074,903 2.0% of B 4,625,056 2.0% of B 4,621,500 2.0% of B 3,508,633 2.0% of B 5,209,533 2.0% of B 3,953,749 A3.4 Other delivery phase costs 0.0% of B - 0.0% of B - 0.0% of B - 0.0% of B - 0.0% of B - 0.0% of B - A4 Property ------A4.1 Purchase price A4.2 Transactional cost and other costs % of A4.1 % of A4.1 % of A4.1 % of A4.1 % of A4.1 % of A4.1 A4.3 Business compensation % of A4.1 % of A4.1 % of A4.1 % of A4.1 % of A4.1 % of A4.1 A4.4 Environmental offsets % of A4.1 % of A4.1 % of A4.1 % of A4.1 % of A4.1 % of A4.1 B Construction Cost 303,745,167 231,252,783 231,075,014 175,431,635 260,476,673 197,687,442 B1 Contractor's Direct Construction Cost 180,886,951 138,220,990 150,705,020 115,496,575 163,619,053 124,443,370 B1.1.1 1 Environmental works 6,565,564 4,837,394 5,682,071 4,177,947 6,046,786 4,423,475 B1.1.2 2 Traffic management and temp works 7,763,388 5,932,231 6,468,027 4,956,935 7,022,277 5,340,917 B1.1.3 3 Public utilities adjustments 6,806,000 6,806,000 6,806,000 6,806,000 6,806,000 6,806,000 B1.1.4 4 Bulk earthworks 19,927,281 12,942,095 7,250,809 4,944,404 7,250,420 4,940,416 B1.1.5 5 Retaining walls ------B1.1.6 6 Drainage 5,035,617 3,329,939 6,382,008 4,176,671 6,280,098 4,075,113 B1.1.7 7 Bridges / Fauna Crossing 525,000 525,000 525,000 525,000 525,000 525,000 B1.1.8 8 Tunnels ------B1.1.9 9 Rolling Stock ------B1.1.10 10 Rail Systems - Overhead wiring ------B1.1.11 11 Rail Systems - Power Supply and Distribution 27,577,487 21,482,311 27,577,487 21,482,311 27,577,487 21,482,311 B1.1.12 12 Rail Systems - Signalling 11,095,200 7,329,800 3,488,800 2,333,700 11,095,200 7,329,800 B1.1.13 13 Rail Systems - Rail Communications 5,097,600 3,357,400 5,177,600 3,437,400 5,097,600 3,357,400 B1.1.14 14 Rail Systems - Combined Services Route ------B1.1.15 15 Roadworks, Landscaping, Fencing 17,237,201 13,791,347 44,729,545 32,116,464 44,513,982 31,863,191 B1.1.16 16 Transport Stations, Interchanges, Buildings, Stations, Stabling and Maintenance Buildings 25,527,328 22,790,182 21,890,237 19,769,074 25,493,646 22,728,901 B1.1.17 17 Trackwork 33,411,834 24,239,973 3,117,950 1,906,550 3,037,950 1,846,550 B1.1.18 18 Commissioning and Handover 1,896,030 1,365,745 1,260,645 933,024 1,636,965 1,178,829 B1.1.19 19 Design (if by contractor) 12,421,422 9,491,570 10,348,843 7,931,095 11,235,643 8,545,467 B1.1.20 20 Supplementary items ------B2 Contractor's Indirect Construction Cost 62,858,216 48,031,794 52,369,994 40,135,060 56,857,621 43,244,071 B2.1 Design 0.0% of B1 - 0.0% of B1 - 0.0% of B1 - 0.0% of B1 - 0.0% of B1 - 0.0% of B1 - B2.2 Onsite overheads 22.5% of B1 40,699,564 22.5% of B1 31,099,723 22.5% of B1 33,908,629 22.5% of B1 25,986,729 22.5% of B1 36,814,287 22.5% of B1 27,999,758 B2.3 Margin (offsite overheads & profit) 10.0% of B1 + B2.1 + B2.2 22,158,652 10.0% of B1 + B2.1 + B2.2 16,932,071 10.0% of B1 + B2.1 + B2.2 18,461,365 10.0% of B1 + B2.1 + B2.2 14,148,330 10.0% of B1 + B2.1 + B2.2 20,043,334 10.0% of B1 + B2.1 + B2.2 15,244,313 B3 Client supplied materials and construction services 60,000,000 45,000,000 28,000,000 19,800,000 40,000,000 30,000,000 B3.1 Client supplied materials and construction services 8 7,500,000.00 60,000,000 6 7,500,000.00 45,000,000 8 3,500,000.00 28,000,000 6 3,300,000.00 19,800,000 8 5,000,000.00 40,000,000 6 5,000,000.00 30,000,000 A + B Total Base Cost 382,718,910 291,378,507 291,154,518 221,043,860 328,200,608 249,086,176 C Risk & Contingency 56.0% of A + B 214,322,590 56.0% of A + B 163,171,964 53.0% of A + B 154,311,895 53.0% of A + B 117,153,246 56.0% of A + B 183,792,341 56.0% of A + B 139,488,259 A + B + C Total Project Cost (Current $) 597,041,500 454,550,471 445,466,413 338,197,106 511,992,949 388,574,435 D Escalation 14.8% of A + B + C 88,376,833 13.8% of A + B + C 62,578,610 15.0% of A + B + C 66,883,164 14.0% of A + B + C 47,194,524 14.9% of A + B + C 76,411,746 13.9% of A + B + C 53,877,676 A + B + C + D Total Project Cost (Out-turn $) 685,418,332 517,129,081 512,349,576 385,391,630 588,404,696 442,452,111

Benchmarking / checks Construction Cost $/m of track 9,563 11,095 7,195 10,837 7,307 11,095 Construction Cost $/m of corridor 11,545 13,861 9,440 11,247 10,443 12,480 Totral Cost $/m of track 26,892 30,805 19,791 22,423 23,086 26,357 Total Cost $/m of corridor 32,464 38,485 23,816 27,852 27,869 32,928

F2011 NSTC Concept Design Options v03 1 of 7 17/11/2020 Contractor's Construction Cost Estimate

Option 1: Light Rail Transit - Long Option 1: Light Rail Transit - Short Option 2: Bus Rapid Transit - Long Option 2: Bus Rapid Transit - Short Option 3: Trackless Tram Transit - Long Option 3: Trackless Tram Transit - Short Item PCB Code Description Unit ResponsibilityQuantity Unit rate Amount Quantity Unit rate Amount Quantity Unit rate Amount Quantity Unit rate Amount Quantity Unit rate Amount Quantity Unit rate Amount

h2 option inputs: single width m 10.00 10.00 9.50 9.50 9.50 9.50 dual width m 14.00 14.00 13.00 13.00 13.00 13.00 cycleway width m 3.00 3.00 3.00 3.00 3.00 3.00 CBD loop width m 4.00 4.00 3.50 3.50 3.50 3.50 dual track m 2,225.00 1,675.00 2,225.00 1,675.00 2,225.00 1,675.00 taper track m 2,150.00 1,675.00 2,150.00 1,675.00 2,150.00 1,675.00 single track m 15,078.00 8,427.00 15,478.00 8,827.00 15,078.00 8,427.00 CBD loop length m 1,660.00 1,660.00 1,660.00 1,660.00 1,660.00 1,660.00 corridor length (not including CBD loop). m 19,453.00 11,777.00 19,853.00 12,177.00 19,453.00 11,777.00 # of stations (not including Hobart CBD) each 12.00 9.00 12.00 9.00 12.00 9.00 station platform width m 3.00 3.00 3.00 3.00 3.00 3.00 station platform length m 35.00 35.00 20.00 20.00 35.00 35.00 removal of existing track m 19,453.00 11,777.00 19,853.00 12,177.00 19,453.00 11,777.00 road crossing length m 470.00 350.00 470.00 350.00 470.00 350.00 road crossing locations each 24.00 16.00 24.00 16.00 24.00 16.00 # of TPS including 1 for depot each 14.00 11.00 14.00 11.00 14.00 11.00 # of transitions from single to dual each 22.00 17.00 22.00 17.00 22.00 17.00 length of existing cycleway m 13,986.00 11,777.00 13,986.00 11,777.00 13,986.00 11,777.00 length of new cycleway m 13,986.00 11,777.00 13,986.00 11,777.00 13,986.00 11,777.00 CSA single track ballast m² 1.70 1.70 1.70 1.70 1.70 1.70 CSA single track ballast m² 3.42 3.42 3.42 3.42 3.42 3.42 single track ballast base width m 4.59 4.59 3.50 3.50 3.50 3.50 dual track ballast base width m 8.59 8.59 7.00 7.00 7.00 7.00 Area of formation for LRT/BRT/TT m² 106,789.27 67,456.43 84,798.00 54,344.50 83,398.00 52,944.50 Depth of excavation for LRT/BRT/TT m 0.90 0.90 0.31 0.31 0.31 0.31 Turnouts (excluding Depot) no 23.00 18.00 Charging points within depot no 6.00 4.00 6.00 4.00 6.00 4.00 Number of vehicles no 8.00 6.00 8.00 6.00 8.00 6.00 Track length/Carriageway length m 25,488.00 16,787.00 25,888.00 17,187.00 25,488.00 16,787.00 Area of cycleway pavement m² 41,958.00 35,331.00 41,958.00 35,331.00 41,958.00 35,331.00 Area of busway pavement m² - - 84,798.00 54,344.50 83,398.00 52,944.50

n Notes: n The below schedule is not a comprehensive list - please refer to TMR's MRS and include additional line items as appropriate n Supplementary items: generally, some typical items have been provided as prompts however please add additional line items as appropriate or remove redundant items

h1 NORTHERN SUBURBS TRANSIT CORRIDOR

h1 SCHEDULE A: PRELIMINARIES

h2 Contractors Design 90000 19 Detailed Design % F 8% 155,267,769.22 12,421,422 8% 118,644,626.19 9,491,570 8% 129,360,532.16 10,348,843 8% 99,138,691.14 7,931,095 8% 140,445,538.70 11,235,643 8% 106,818,343.67 8,545,467

h2 Provision for Traffic 20001 2 Provision for traffic % F 5% 155,267,769.22 7,763,388 5% 118,644,626.19 5,932,231 5% 129,360,532.16 6,468,027 5% 99,138,691.14 4,956,935 5% 140,445,538.70 7,022,277 5% 106,818,343.67 5,340,917

h2 Contractor's Site Facilities and Camp 20101 2 Contractor's Site Facilities % F 155,267,769.22 - 118,644,626.19 - 129,360,532.16 - 99,138,691.14 - 140,445,538.70 - 106,818,343.67 -

h2 Environmental Management 20203 1 Implement Environmental Management Plan (Construction) % F 4% 155,267,769.22 5,434,372 4% 118,644,626.19 4,152,562 4% 129,360,532.16 4,527,619 4% 99,138,691.14 3,469,854 4% 140,445,538.70 4,915,594 4% 106,818,343.67 3,738,642

t Total Schedule A: Preliminaries

h1 SCHEDULE B: DRAINAGE

h2 Drainage Removal/Demolition 30006 6 Removal or demolition of concrete kerb and channel m 1,945.30 43.70 85,007 1,177.70 43.70 51,464 1,985.30 43.70 86,754 1,217.70 43.70 53,212 1,945.30 43.70 85,007 1,177.70 43.70 51,464 including kerb crossings 30007 6 Removal or demolition of concrete slabs m² 41,958.00 27.31 1,146,036 35,331.00 27.31 965,027 41,958.00 27.31 1,146,036 35,331.00 27.31 965,027 41,958.00 27.31 1,146,036 35,331.00 27.31 965,027 30008 6 Removal or demolition of gullies each 19.00 304.90 5,793 12.00 304.90 3,659 20.00 304.90 6,098 12.00 304.90 3,659 19.00 304.90 5,793 12.00 304.90 3,659 30009 6 Removal or demolition of access chambers each 19.00 394.64 7,498 12.00 394.64 4,736 20.00 394.64 7,893 12.00 394.64 4,736 19.00 394.64 7,498 12.00 394.64 4,736

h2 Supply And Installation Of Culverts 30251 6 Supply and installation of steel-reinforced concrete pipe m 3,890.60 177.72 691,455 2,355.40 177.72 418,612 3,970.60 177.72 705,673 2,435.40 177.72 432,830 3,890.60 177.72 691,455 2,355.40 177.72 418,612 culvert components, Class [3], [375] mm diameter, [road] environment 30251 6 Supply and installation of steel-reinforced concrete pipe m 10.00 985.73 9,857 10.00 985.73 9,857 9.50 985.73 9,364 9.50 985.73 9,364 9.50 985.73 9,364 9.50 985.73 9,364 culvert components, Class [3], [1200] mm diameter, [road] environment

h2 Concrete In Culverts And End Structures 30358 6 End structures to culverts, reinforced concrete m³ 2.00 2,437.00 4,874 2.00 2,437.00 4,874 2.00 2,437.00 4,874 2.00 2,437.00 4,874 2.00 2,437.00 4,874 2.00 2,437.00 4,874

30362 6 Aprons to culverts, reinforced concrete m³ 2.00 1,474.57 2,949 2.00 1,474.57 2,949 2.00 1,474.57 2,949 2.00 1,474.57 2,949 2.00 1,474.57 2,949 2.00 1,474.57 2,949 30366 6 Precast concrete end structures to culverts, [size] each 16.00 2,082.71 33,323 9.00 2,082.71 18,744 16.00 2,082.71 33,323 10.00 2,082.71 20,827 16.00 2,082.71 33,323 9.00 2,082.71 18,744

h2 Pavement Drainage 30451 6 Concrete kerb, [type] m 19,453.00 32.98 641,555 11,777.00 32.98 388,402 39,706.00 32.98 1,309,493 24,354.00 32.98 803,188 38,906.00 32.98 1,283,109 23,554.00 32.98 776,804 30462 6 Concrete gullies, [size | description] each 97.00 5,336.20 517,611 59.00 5,336.20 314,836 199.00 5,336.20 1,061,903 122.00 5,336.20 651,016 195.00 5,336.20 1,040,559 118.00 5,336.20 629,671 30463 6 Concrete access chambers, [size | description] each 49.00 4,108.88 201,335 30.00 4,108.88 123,266 100.00 4,108.88 410,888 61.00 4,108.88 250,642 98.00 4,108.88 402,671 59.00 4,108.88 242,424

h2 Subsurface Drainage 30551 6 Subsoil drains, [type], [size] mm diameter m 19,453.00 37.35 726,605 11,777.00 37.35 439,892 19,853.00 37.35 741,546 12,177.00 37.35 454,833 19,453.00 37.35 726,605 11,777.00 37.35 439,892 30553 6 Subsoil drain outlet connection, [size] mm diameter each 97.00 224.37 21,764 59.00 224.37 13,238 99.00 224.37 22,213 61.00 224.37 13,687 97.00 224.37 21,764 59.00 224.37 13,238 30554 6 Subsoil drain clean-out, [size] mm diameter each 39.00 248.46 9,690 24.00 248.46 5,963 40.00 248.46 9,938 24.00 248.46 5,963 39.00 248.46 9,690 24.00 248.46 5,963

h2 Protective Treatments 30661 6 Hand-placed concrete paving, [thickness] mm thick m² 7,027.30 101.45 712,896 4,289.45 101.45 435,150 5,955.90 101.45 604,206 3,653.10 101.45 370,595 5,835.90 101.45 592,032 3,533.10 101.45 358,421 30666 6 Rock protection m³ 6.00 93.66 562 6.00 93.66 562 6.00 93.66 562 6.00 93.66 562 6.00 93.66 562 6.00 93.66 562

h2 Supplementary Items 90000 6 Raise or lower concrete access chambers, gullies and each 19.00 1,486.67 28,247 12.00 1,486.67 17,840 20.00 1,486.67 29,733 12.00 1,486.67 17,840 19.00 1,486.67 28,247 12.00 1,486.67 17,840 service covers 90000 6 Connect new culvert to existing concrete access chamber or each 10.00 767.42 7,674 6.00 767.42 4,605 10.00 767.42 7,674 6.00 767.42 4,605 10.00 767.42 7,674 6.00 767.42 4,605 gully 90000 6 Excavation and shaping of surface water channel Lump 1.00 20,000.00 20,000 1.00 20,000.00 20,000 1.00 20,000.00 20,000 1.00 20,000.00 20,000 1.00 20,000.00 20,000 1.00 20,000.00 20,000 90000 6 Supply and installation of Gross Pollutant Trap (GPT) each 2.00 62,983.80 125,968 1.00 62,983.80 62,984 2.00 62,983.80 125,968 1.00 62,983.80 62,984 2.00 62,983.80 125,968 1.00 62,983.80 62,984

90000 6 Supply and installation of pedestrian crossing pram ramps each 48.00 727.47 34,918 32.00 727.47 23,279 48.00 727.47 34,918 32.00 727.47 23,279 48.00 727.47 34,918 32.00 727.47 23,279

F2011 NSTC Concept Design Options v03 2 of 7 17/11/2020 Option 1: Light Rail Transit - Long Option 1: Light Rail Transit - Short Option 2: Bus Rapid Transit - Long Option 2: Bus Rapid Transit - Short Option 3: Trackless Tram Transit - Long Option 3: Trackless Tram Transit - Short Item PCB Code Description Unit ResponsibilityQuantity Unit rate Amount Quantity Unit rate Amount Quantity Unit rate Amount Quantity Unit rate Amount Quantity Unit rate Amount Quantity Unit rate Amount

t Total Schedule B: Drainage

h1 SCHEDULE C: RETAINING WALLS & NOISE BARRIERS

h2 Demolition

h2 Retaining Walls 5 Retaining wall #1, [location] m² 1,978.91 - 1,978.91 - 1,978.91 - 1,978.91 - 1,978.91 - 1,978.91 - 5 Retaining wall #2, [location] m² 1,978.91 - 1,978.91 - 1,978.91 - 1,978.91 - 1,978.91 - 1,978.91 -

h2 Noise Barriers 50504 1 Design, supply and construction of noise barrier, [height] m m 3,890.60 290.75 1,131,192 2,355.40 290.75 684,833 3,970.60 290.75 1,154,452 2,435.40 290.75 708,093 3,890.60 290.75 1,131,192 2,355.40 290.75 684,833 height, [location]

t Total Schedule C: Retaining Walls & Noise Barriers

h1 SCHEDULE D: EARTHWORKS

h2 General Earthworks h2 Earthworks, Preparation 32001 4 Clearing and grubbing m² 207,330.00 2.38 492,449 127,670.00 2.38 303,241 199,451.00 2.38 473,734 124,081.50 2.38 294,717 195,651.00 2.38 464,709 120,281.50 2.38 285,692 32003P 4 Stripping of topsoil (Provisional Quantity as directed). m³ 3,109.95 42.83 133,212 1,915.05 42.83 82,029 2,991.77 42.83 128,149 1,861.22 42.83 79,724 2,934.77 42.83 125,708 1,804.22 42.83 77,282

h2 Earthworks, Excavation 32101 4 Excavation, all materials m³ 102,404.04 60.00 6,144,243 66,010.44 60.00 3,960,626 32,581.08 60.00 1,954,865 22,146.45 60.00 1,328,787 32,147.08 60.00 1,928,825 21,712.45 60.00 1,302,747 32122P 4 Excavation of unsuitable material. m³ 51,202.02 120.00 6,144,243 33,005.22 120.00 3,960,626 16,290.54 120.00 1,954,865 11,073.22 120.00 1,328,787 16,073.54 120.00 1,928,825 10,856.22 120.00 1,302,747

h2 Earthworks, Embankment 32201 4 Embankment m³ 55.52 - 55.52 - 55.52 - 55.52 - 55.52 - 55.52 -

h2 Earthworks, Subgrade Testing & Treatments 32302 4 Subgrade testing (Provisional Quantity, if ordered) each 214.00 965.60 206,639 135.00 965.60 130,356 170.00 965.60 164,152 109.00 965.60 105,251 167.00 965.60 161,256 106.00 965.60 102,354 32306P 4 Subgrade treatment Type A (Provisional Quantity, if ordered) m² 96,110.34 4.27 410,679 60,710.79 4.27 259,417 76,318.20 4.27 326,108 48,910.05 4.27 208,993 75,058.20 4.27 320,724 47,650.05 4.27 203,609

32310P 4 Subgrade treatment Type B, replace with fill material, m³ 10,678.93 100.00 1,067,893 6,745.64 100.00 674,564 8,479.80 100.00 847,980 5,434.45 100.00 543,445 8,339.80 100.00 833,980 5,294.45 100.00 529,445 (Provisional Quantity, if ordered)

h2 Earthworks, Backfill 32402 4 Backfill with select backfill material to [description] m³ 51,202.02 61.24 3,135,692 33,005.22 61.24 2,021,291 16,290.54 61.24 997,658 11,073.22 61.24 678,141 16,073.54 61.24 984,369 10,856.22 61.24 664,852

h2 Earthworks, Turnouts, Entrances And Stopping Places 32502 4 Entrances to private property m 49.02 - 49.02 - 49.02 - 49.02 - 49.02 - 49.02 -

h2 Capping 90000 4 Supply of capping material (under ballast) m³ 15,694.80 82.00 1,286,973 9,877.49 82.00 809,954 82.00 - 82.00 - 82.00 - 82.00 - 90000 4 Placement of capping material m³ 15,694.80 22.00 345,286 9,877.49 22.00 217,305 22.00 - 22.00 - 22.00 - 22.00 -

h2 Access Road

h2 Supplementary Items 90000 4 Saw cutting existing pavement, [depth] mm depth (road m 940.00 10.00 9,400 700.00 10.00 7,000 940.00 10.00 9,400 700.00 10.00 7,000 940.00 10.00 9,400 700.00 10.00 7,000 crossings) 90000 4 Saw cutting existing pavement, [depth] mm depth (CBD) m 3,320.00 10.00 33,200 3,320.00 10.00 33,200 3,320.00 10.00 33,200 3,320.00 10.00 33,200 3,320.00 10.00 33,200 3,320.00 10.00 33,200 90000 4 Mill existing pavement, [depth] mm depth (road crossings) m² 4,700.00 15.00 70,500 3,500.00 15.00 52,500 4,465.00 15.00 66,975 3,325.00 15.00 49,875 4,465.00 15.00 66,975 3,325.00 15.00 49,875

90000 4 Mill existing pavement, [depth] mm depth (CBD) m² 6,640.00 15.00 99,600 6,640.00 15.00 99,600 5,810.00 15.00 87,150 5,810.00 15.00 87,150 5,810.00 15.00 87,150 5,810.00 15.00 87,150

t Total Schedule D: Earthworks

h1 SCHEDULE E: BRIDGES & TUNNELS

7 Bridge #1, [description: length, width, lanes, etc] m² 75.00 7,000.00 525,000 75.00 7,000.00 525,000 75.00 7,000.00 525,000 75.00 7,000.00 525,000 75.00 7,000.00 525,000 75.00 7,000.00 525,000

t Total Schedule E: Bridges & Tunnels

h1 SCHEDULE F: TRACK & TURNOUTS

h2 Track Removal/Demolition 17 Removal of track, complete, [gauge], [rail mass] m 19,453.00 150.00 2,917,950 11,777.00 150.00 1,766,550 19,853.00 150.00 2,977,950 12,177.00 150.00 1,826,550 19,453.00 150.00 2,917,950 11,777.00 150.00 1,766,550 17 Removal of turnout, [gauge], [x'ing rate] each 6.00 20,000.00 120,000 4.00 20,000.00 80,000 7.00 20,000.00 140,000 4.00 20,000.00 80,000 6.00 20,000.00 120,000 4.00 20,000.00 80,000

h2 Track Slewing

h2 Track Materials Supply/Transport 17 Supply and transport of ballast material m³ 39,726.81 80.00 3,178,145 25,146.19 80.00 2,011,695 80.00 - 80.00 - 80.00 - 80.00 - 17 Supply and transport of sleepers, [gauge] each 38,930.00 99.00 3,854,070 24,628.33 99.00 2,438,205 99.00 - 99.00 - 99.00 - 99.00 - 17 Supply and transport of rail, [gauge], [rail mass], [HH/PC] tonne 3,058.56 1,500.00 4,587,840 2,014.44 1,500.00 3,021,660 1,500.00 - 1,500.00 - 1,500.00 - 1,500.00 - 17 Supply and transport of turnouts, [gauge], [x'ing rate] each 23.00 150,000.00 3,450,000 18.00 150,000.00 2,700,000 150,000.00 - 150,000.00 - 150,000.00 - 150,000.00 -

h2 Construct Track 17 Construction of track, manual [mainline/passing m 23,358.00 210.00 4,905,180 14,777.00 210.00 3,103,170 210.00 - 210.00 - 210.00 - 210.00 - loop/siding/other] 17 Construction of track, in situ trackform m 2,130.00 300.00 639,000 2,010.00 300.00 603,000 300.00 - 300.00 - 300.00 - 300.00 - 17 Construction of turnouts, [gauge], [x'ing rate] each 23.00 40,000.00 920,000 18.00 40,000.00 720,000 40,000.00 - 40,000.00 - 40,000.00 - 40,000.00 -

h2 Trackform 17 Track slab, [CBD Loop] m² 6,640.00 500.00 3,320,000 6,640.00 500.00 3,320,000 500.00 - 500.00 - 500.00 - 500.00 - 17 Track slab, [Level crossings] m² 1,880.00 500.00 940,000 1,400.00 500.00 700,000 500.00 - 500.00 - 500.00 - 500.00 -

h2 Miscellaneous Works 17 Monuments each 194.53 500.00 97,265 117.77 500.00 58,885 500.00 - 500.00 - 500.00 - 500.00 - 17 Buffer stops, [type] each 1.00 15,000.00 15,000 1.00 15,000.00 15,000 15,000.00 - 15,000.00 - 15,000.00 - 15,000.00 -

h2 Supplementary Items

h2 Testing and commissioning 18 Testing and commissioning of track & turnouts item 25,906,499.96 0.01 259,065 18,691,615.32 0.01 186,916 - 0.01 - - 0.01 - - 0.01 - - 0.01 -

t Total Schedule F: Track & Turnouts

h1 SCHEDULE G: CHARGING POWER SYSTEMS

h2 OHLE Removal/Demolition

h2 Masts and portals

h2 Overhead wire

h2 Power 11 Supply and installation of traction power pits each 8,500.00 - 8,500.00 - 8,500.00 - 8,500.00 - 8,500.00 - 8,500.00 - 11 Depot Feeding Station (DFS) item 6.00 125,000.00 750,000 4.00 125,000.00 500,000 6.00 125,000.00 750,000 4.00 125,000.00 500,000 6.00 125,000.00 750,000 4.00 125,000.00 500,000 11 Flash Feeding Stations (FFS) item 13.00 450,000.00 5,850,000 10.00 450,000.00 4,500,000 13.00 450,000.00 5,850,000 10.00 450,000.00 4,500,000 13.00 450,000.00 5,850,000 10.00 450,000.00 4,500,000

F2011 NSTC Concept Design Options v03 3 of 7 17/11/2020 Option 1: Light Rail Transit - Long Option 1: Light Rail Transit - Short Option 2: Bus Rapid Transit - Long Option 2: Bus Rapid Transit - Short Option 3: Trackless Tram Transit - Long Option 3: Trackless Tram Transit - Short Item PCB Code Description Unit ResponsibilityQuantity Unit rate Amount Quantity Unit rate Amount Quantity Unit rate Amount Quantity Unit rate Amount Quantity Unit rate Amount Quantity Unit rate Amount

h2 Substations

p 11 Substations each 14.00 1,498,391.94 20,977,487 11.00 1,498,391.94 16,482,311 14.00 1,498,391.94 20,977,487 11.00 1,498,391.94 16,482,311 14.00 1,498,391.94 20,977,487 11.00 1,498,391.94 16,482,311 c Prepare site m² 300.00 16.66 300.00 16.66 300.00 16.66 300.00 16.66 300.00 16.66 300.00 16.66 c Drainage item 1.00 9,999.86 1.00 9,999.86 1.00 9,999.86 1.00 9,999.86 1.00 9,999.86 1.00 9,999.86 c Pavements m² 75.00 150.00 75.00 150.00 75.00 150.00 75.00 150.00 75.00 150.00 75.00 150.00 c Fencing, [height], [type] m 80.00 80.00 80.00 80.00 80.00 80.00 80.00 80.00 80.00 80.00 80.00 80.00 c Gate, [height], [width], [type] each 1.00 750.00 1.00 750.00 1.00 750.00 1.00 750.00 1.00 750.00 1.00 750.00 c Substation building including base fit out, mechanical & m² 225.00 1,999.97 225.00 1,999.97 225.00 1,999.97 225.00 1,999.97 225.00 1,999.97 225.00 1,999.97 electrical c Substation power, comms, transformers, cabling, conduits item 1.00 650,000.00 1.00 650,000.00 1.00 650,000.00 1.00 650,000.00 1.00 650,000.00 1.00 650,000.00

c Substation testing & commissioning item 1.00 65,000.00 1.00 65,000.00 1.00 65,000.00 1.00 65,000.00 1.00 65,000.00 1.00 65,000.00 c Energex 11kV connection item 1.00 300,000.00 1.00 300,000.00 1.00 300,000.00 1.00 300,000.00 1.00 300,000.00 1.00 300,000.00

h2 Staging requirements n Provide detail as appropriate

h2 Testing and commissioning 18 Testing and commissioning charging power system item 27,577,487.11 0.03 827,325 21,482,311.30 0.03 644,469 27,577,487.11 0.03 827,325 21,482,311.30 0.03 644,469 27,577,487.11 0.03 827,325 21,482,311.30 0.03 644,469

t Total Schedule G: Charging power systems

h1 SCHEDULE H: SIGNALLING & TELECOMMUNICATIONS

12 Allowance for signalling m 25,488.00 400.00 10,195,200 16,787.00 400.00 6,714,800 25,888.00 100.00 2,588,800 17,187.00 100.00 1,718,700 25,488.00 400.00 10,195,200 16,787.00 400.00 6,714,800 13 Allowance for telecommunications m 25,488.00 200.00 5,097,600 16,787.00 200.00 3,357,400 25,888.00 200.00 5,177,600 17,187.00 200.00 3,437,400 25,488.00 200.00 5,097,600 16,787.00 200.00 3,357,400

h2 Level Crossings 12 Active level crossings each 60.00 15,000.00 900,000 41.00 15,000.00 615,000 60.00 15,000.00 900,000 41.00 15,000.00 615,000 60.00 15,000.00 900,000 41.00 15,000.00 615,000

h2 Testing and commissioning 18 Testing and commissioning of signalling & item 16,192,800.00 0.05 809,640 10,687,200.00 0.05 534,360 8,666,400.00 0.05 433,320 5,771,100.00 0.05 288,555 16,192,800.00 0.05 809,640 10,687,200.00 0.05 534,360 telecommunications

t Total Schedule H: Signalling & Telecommunications

h1 SCHEDULE I: STABLING YARDS

4 Stabling yard - formation and earthworks item 1.00 347,274.13 347,274 1.00 330,384.47 330,384 1.00 206,572.40 206,572 1.00 199,334.65 199,335 1.00 305,300.66 305,301 1.00 294,464.41 294,464 15 Stabling yard - pavements/ hardstands etc item 1.00 173,169.64 173,170 1.00 173,169.64 173,170 1.00 352,804.80 352,805 1.00 293,839.55 293,840 1.00 561,578.29 561,578 1.00 464,902.86 464,903 17 Stabling yard - trackworks and pavements item 1.00 4,467,384.20 4,467,384 1.00 3,701,808.03 3,701,808 - - - - 16 Stabling yard - building works item 1.00 2,827,360.00 2,827,360 1.00 2,767,240.00 2,767,240 1.00 1,648,864.00 1,648,864 1.00 1,614,664.00 1,614,664 1.00 2,663,680.00 2,663,680 1.00 2,607,160.00 2,607,160 16 Stabling yard - specialist maintenance equipment item 1.00 11,500,000.00 11,500,000 1.00 11,500,000.00 11,500,000 1.00 11,500,000.00 11,500,000 1.00 11,500,000.00 11,500,000 1.00 11,500,000.00 11,500,000 1.00 11,500,000.00 11,500,000

t Total Schedule I: Stabling Yards

h1 SCHEDULE J: STATIONS

p 16 Single platform each 1.00 468,866.85 468,867 1.00 468,866.85 468,867 1.00 370,523.06 370,523 1.00 370,523.06 370,523 1.00 474,066.78 474,067 1.00 474,066.78 474,067 c c Demolition c Demolish existing platform, complete m² ------c Remove existing footbridge and lifts m ------c c Platform structures c Site preparation m² 185.00 73.56 185.00 73.56 110.00 73.56 110.00 73.56 185.00 73.56 185.00 73.56 c Drainage item 1.00 9,999.86 1.00 9,999.86 1.00 9,999.86 1.00 9,999.86 1.00 9,999.86 1.00 9,999.86 c Construct new platform m² 105.00 443.20 105.00 443.20 60.00 443.20 60.00 443.20 105.00 443.20 105.00 443.20 c Construct access ramp and stairs for platform (includes each 2.00 11,500.00 2.00 11,500.00 2.00 11,500.00 2.00 11,500.00 2.00 11,500.00 2.00 11,500.00 earthworks, hand rails etc). c Construct new footbridge m 50,399.32 50,399.32 50,399.32 50,399.32 50,399.32 50,399.32 c Lift including lift pit, structure, glazed roof and lift each 633,991.41 633,991.41 633,991.41 633,991.41 633,991.41 633,991.41 c Stairs including landings, nosings, finishing and glazed each 181,727.54 181,727.54 181,727.54 181,727.54 181,727.54 181,727.54 balustrade c Station building m² ------c Platform shelters m² 73.50 1,599.98 73.50 1,599.98 42.00 1,599.98 42.00 1,599.98 73.50 1,599.98 73.50 1,599.98 c c Platform works c Leading edge coping to platform m 35.00 21.00 35.00 21.00 20.00 21.00 20.00 21.00 35.00 21.00 35.00 21.00 c Tactile ground surface indicators (TGSI) m 41.00 39.58 41.00 39.58 26.00 39.58 26.00 39.58 41.00 39.58 41.00 39.58 c Stopping marks and boarding point symbols each 2.00 200.00 2.00 200.00 3.00 200.00 3.00 200.00 3.00 200.00 3.00 200.00 c Station furniture m² 105.00 140.00 105.00 140.00 60.00 140.00 60.00 140.00 105.00 140.00 105.00 140.00 c Wayfinding signage item 1.00 3,379.68 1.00 3,379.68 1.00 3,379.68 1.00 3,379.68 1.00 3,379.68 1.00 3,379.68 c Advertising signage item 1.00 2,253.12 1.00 2,253.12 1.00 2,253.12 1.00 2,253.12 1.00 2,253.12 1.00 2,253.12 c Add Value Vending Machine (AVVM) each 1.00 112,000.00 1.00 112,000.00 1.00 112,000.00 1.00 112,000.00 1.00 112,000.00 1.00 112,000.00 c Stand Alone Card Interface Device (SACID) each 1.00 55,000.00 1.00 55,000.00 1.00 55,000.00 1.00 55,000.00 1.00 55,000.00 1.00 55,000.00 c Fare gates each ------c c Lighting, comms, security, fire and power c Electrical utility connections item 1.00 21.00 1.00 21.00 1.00 21.00 1.00 21.00 1.00 21.00 1.00 21.00 c Comms utility connections item 1.00 21.00 1.00 21.00 1.00 21.00 1.00 21.00 1.00 21.00 1.00 21.00 c Water utility connections item 1.00 21.00 1.00 21.00 1.00 21.00 1.00 21.00 1.00 21.00 1.00 21.00 c Lighting m² 105.00 100.00 105.00 100.00 60.00 100.00 60.00 100.00 105.00 100.00 105.00 100.00 c CCTV Installation m² 105.00 75.00 105.00 75.00 60.00 75.00 60.00 75.00 105.00 75.00 105.00 75.00 c Fire protection m² 105.00 100.00 105.00 100.00 60.00 100.00 60.00 100.00 105.00 100.00 105.00 100.00 c PA System m² 105.00 30.00 105.00 30.00 60.00 30.00 60.00 30.00 105.00 30.00 105.00 30.00 c Tel & data equipment & fit out m² 105.00 50.00 105.00 50.00 60.00 50.00 60.00 50.00 105.00 50.00 105.00 50.00 c Hearing Aid Loop (HAL) to entry area item 21.00 21.00 21.00 21.00 21.00 21.00 c Hearing Aid Loop (HAL) at boarding points each 2.00 4,999.93 2.00 4,999.93 3.00 4,999.93 3.00 4,999.93 3.00 4,999.93 3.00 4,999.93 c Emergency call point each 1.00 1,946.37 1.00 1,946.37 1.00 1,946.37 1.00 1,946.37 1.00 1,946.37 1.00 1,946.37 c Duress button each 1.00 3,499.95 1.00 3,499.95 1.00 3,499.95 1.00 3,499.95 1.00 3,499.95 1.00 3,499.95 c Duress alarm each 1.00 3,499.95 1.00 3,499.95 1.00 3,499.95 1.00 3,499.95 1.00 3,499.95 1.00 3,499.95 c c Special provisions c Additional architectural finishes and fit out m² 105.00 100.00 105.00 100.00 60.00 100.00 60.00 100.00 105.00 100.00 105.00 100.00 c Bicycle stand, [type] each 1.00 1,249.98 1.00 1,249.98 1.00 1,249.98 1.00 1,249.98 1.00 1,249.98 1.00 1,249.98 c Bicycle lockers, [type] each ------c Bicycle enclosure m² ------c c Urban design c Artwork / Sculptures, [description] item ------c Architectural Treatments, [type], [description], [location] item ------c Landscaping Treatments, [type], [description], [location] item ------

p 16 Twin platform each 11.00 892,341.72 9,815,759 8.00 892,341.72 7,138,734 11.00 695,654.15 7,652,196 8.00 695,654.15 5,565,233 11.00 902,741.58 9,930,157 8.00 902,741.58 7,221,933 c c Demolition c Demolish existing platform, complete m² ------c Remove existing footbridge and lifts m ------c c Platform structures

F2011 NSTC Concept Design Options v03 4 of 7 17/11/2020 Option 1: Light Rail Transit - Long Option 1: Light Rail Transit - Short Option 2: Bus Rapid Transit - Long Option 2: Bus Rapid Transit - Short Option 3: Trackless Tram Transit - Long Option 3: Trackless Tram Transit - Short Item PCB Code Description Unit ResponsibilityQuantity Unit rate Amount Quantity Unit rate Amount Quantity Unit rate Amount Quantity Unit rate Amount Quantity Unit rate Amount Quantity Unit rate Amount

c Site preparation m² 370.00 73.56 370.00 73.56 220.00 73.56 220.00 73.56 370.00 73.56 370.00 73.56 c Drainage item 1.00 9,999.86 1.00 9,999.86 1.00 9,999.86 1.00 9,999.86 1.00 9,999.86 1.00 9,999.86 c Construct new platform m² 210.00 443.20 210.00 443.20 120.00 443.20 120.00 443.20 210.00 443.20 210.00 443.20 c Construct access ramp and stairs for platform (includes each 2.00 11,500.00 2.00 11,500.00 2.00 11,500.00 2.00 11,500.00 2.00 11,500.00 2.00 11,500.00 earthworks, hand rails etc). c Construct new footbridge m 50,399.32 50,399.32 50,399.32 50,399.32 50,399.32 50,399.32 c Lift including lift pit, structure, glazed roof and lift each 633,991.41 633,991.41 633,991.41 633,991.41 633,991.41 633,991.41 c Stairs including landings, nosings, finishing and glazed each 181,727.54 181,727.54 181,727.54 181,727.54 181,727.54 181,727.54 balustrade c Station building m² ------c Platform shelters m² 147.00 1,599.98 147.00 1,599.98 84.00 1,599.98 84.00 1,599.98 147.00 1,599.98 147.00 1,599.98 c c Platform works c Leading edge coping to platform m 70.00 21.00 70.00 21.00 40.00 21.00 40.00 21.00 70.00 21.00 70.00 21.00 c Tactile ground surface indicators (TGSI) m 82.00 39.58 82.00 39.58 52.00 39.58 52.00 39.58 82.00 39.58 82.00 39.58 c Stopping marks and boarding point symbols each 4.00 200.00 4.00 200.00 6.00 200.00 6.00 200.00 6.00 200.00 6.00 200.00 c Station furniture m² 210.00 140.00 210.00 140.00 120.00 140.00 120.00 140.00 210.00 140.00 210.00 140.00 c Wayfinding signage item 1.00 3,379.68 1.00 3,379.68 1.00 3,379.68 1.00 3,379.68 1.00 3,379.68 1.00 3,379.68 c Advertising signage item 1.00 2,253.12 1.00 2,253.12 1.00 2,253.12 1.00 2,253.12 1.00 2,253.12 1.00 2,253.12 c Add Value Vending Machine (AVVM) each 2.00 112,000.00 2.00 112,000.00 2.00 112,000.00 2.00 112,000.00 2.00 112,000.00 2.00 112,000.00 c Stand Alone Card Interface Device (SACID) each 2.00 55,000.00 2.00 55,000.00 2.00 55,000.00 2.00 55,000.00 2.00 55,000.00 2.00 55,000.00 c Fare gates each ------c c Lighting, comms, security, fire and power c Electrical utility connections item 1.00 21.00 1.00 21.00 1.00 21.00 1.00 21.00 1.00 21.00 1.00 21.00 c Comms utility connections item 1.00 21.00 1.00 21.00 1.00 21.00 1.00 21.00 1.00 21.00 1.00 21.00 c Water utility connections item 1.00 21.00 1.00 21.00 1.00 21.00 1.00 21.00 1.00 21.00 1.00 21.00 c Lighting m² 210.00 100.00 210.00 100.00 120.00 100.00 120.00 100.00 210.00 100.00 210.00 100.00 c CCTV Installation m² 210.00 75.00 210.00 75.00 120.00 75.00 120.00 75.00 210.00 75.00 210.00 75.00 c Fire protection m² 210.00 100.00 210.00 100.00 120.00 100.00 120.00 100.00 210.00 100.00 210.00 100.00 c PA System m² 210.00 30.00 210.00 30.00 120.00 30.00 120.00 30.00 210.00 30.00 210.00 30.00 c Tel & data equipment & fit out m² 210.00 50.00 210.00 50.00 120.00 50.00 120.00 50.00 210.00 50.00 210.00 50.00 c Hearing Aid Loop (HAL) to entry area item 21.00 21.00 21.00 21.00 21.00 21.00 c Hearing Aid Loop (HAL) at boarding points each 4.00 4,999.93 4.00 4,999.93 6.00 4,999.93 6.00 4,999.93 6.00 4,999.93 6.00 4,999.93 c Emergency call point each 1.00 1,946.37 1.00 1,946.37 1.00 1,946.37 1.00 1,946.37 1.00 1,946.37 1.00 1,946.37 c Duress button each 2.00 3,499.95 2.00 3,499.95 2.00 3,499.95 2.00 3,499.95 2.00 3,499.95 2.00 3,499.95 c Duress alarm each 1.00 3,499.95 1.00 3,499.95 1.00 3,499.95 1.00 3,499.95 1.00 3,499.95 1.00 3,499.95 c c Special provisions c Additional architectural finishes and fit out m² 210.00 100.00 210.00 100.00 120.00 100.00 120.00 100.00 210.00 100.00 210.00 100.00 c Bicycle stand, [type] each 1.00 1,249.98 1.00 1,249.98 1.00 1,249.98 1.00 1,249.98 1.00 1,249.98 1.00 1,249.98 c Bicycle lockers, [type] each ------c Bicycle enclosure m² ------c c Urban design c Artwork / Sculptures, [description] item ------c Architectural Treatments, [type], [description], [location] item ------c Landscaping Treatments, [type], [description], [location] item ------

p 16 each 1.00 915,341.72 915,342 1.00 915,341.72 915,342 1.00 718,654.15 718,654 1.00 718,654.15 718,654 1.00 925,741.58 925,742 1.00 925,741.58 925,742 c c Demolition c Demolish existing platform, complete m² ------c Remove existing footbridge and lifts m ------c c Platform structures c Site preparation m² 370.00 73.56 370.00 73.56 220.00 73.56 220.00 73.56 370.00 73.56 370.00 73.56 c Drainage item 1.00 9,999.86 1.00 9,999.86 1.00 9,999.86 1.00 9,999.86 1.00 9,999.86 1.00 9,999.86 c Construct new platform m² 210.00 443.20 210.00 443.20 120.00 443.20 120.00 443.20 210.00 443.20 210.00 443.20 c Construct access ramp and stairs for platform (includes each 4.00 11,500.00 4.00 11,500.00 4.00 11,500.00 4.00 11,500.00 4.00 11,500.00 4.00 11,500.00 earthworks, hand rails etc). c Construct new footbridge m 50,399.32 50,399.32 50,399.32 50,399.32 50,399.32 50,399.32 c Lift including lift pit, structure, glazed roof and lift each 633,991.41 633,991.41 633,991.41 633,991.41 633,991.41 633,991.41 c Stairs including landings, nosings, finishing and glazed each 181,727.54 181,727.54 181,727.54 181,727.54 181,727.54 181,727.54 balustrade c Station building m² ------c Platform shelters m² 147.00 1,599.98 147.00 1,599.98 84.00 1,599.98 84.00 1,599.98 147.00 1,599.98 147.00 1,599.98 c c Platform works c Leading edge coping to platform m 70.00 21.00 70.00 21.00 40.00 21.00 40.00 21.00 70.00 21.00 70.00 21.00 c Tactile ground surface indicators (TGSI) m 82.00 39.58 82.00 39.58 52.00 39.58 52.00 39.58 82.00 39.58 82.00 39.58 c Stopping marks and boarding point symbols each 4.00 200.00 4.00 200.00 6.00 200.00 6.00 200.00 6.00 200.00 6.00 200.00 c Station furniture m² 210.00 140.00 210.00 140.00 120.00 140.00 120.00 140.00 210.00 140.00 210.00 140.00 c Wayfinding signage item 1.00 3,379.68 1.00 3,379.68 1.00 3,379.68 1.00 3,379.68 1.00 3,379.68 1.00 3,379.68 c Advertising signage item 1.00 2,253.12 1.00 2,253.12 1.00 2,253.12 1.00 2,253.12 1.00 2,253.12 1.00 2,253.12 c Add Value Vending Machine (AVVM) each 2.00 112,000.00 2.00 112,000.00 2.00 112,000.00 2.00 112,000.00 2.00 112,000.00 2.00 112,000.00 c Stand Alone Card Interface Device (SACID) each 2.00 55,000.00 2.00 55,000.00 2.00 55,000.00 2.00 55,000.00 2.00 55,000.00 2.00 55,000.00 c Fare gates each ------c c Lighting, comms, security, fire and power c Electrical utility connections item 1.00 21.00 1.00 21.00 1.00 21.00 1.00 21.00 1.00 21.00 1.00 21.00 c Comms utility connections item 1.00 21.00 1.00 21.00 1.00 21.00 1.00 21.00 1.00 21.00 1.00 21.00 c Water utility connections item 1.00 21.00 1.00 21.00 1.00 21.00 1.00 21.00 1.00 21.00 1.00 21.00 c Lighting m² 210.00 100.00 210.00 100.00 120.00 100.00 120.00 100.00 210.00 100.00 210.00 100.00 c CCTV Installation m² 210.00 75.00 210.00 75.00 120.00 75.00 120.00 75.00 210.00 75.00 210.00 75.00 c Fire protection m² 210.00 100.00 210.00 100.00 120.00 100.00 120.00 100.00 210.00 100.00 210.00 100.00 c PA System m² 210.00 30.00 210.00 30.00 120.00 30.00 120.00 30.00 210.00 30.00 210.00 30.00 c Tel & data equipment & fit out m² 210.00 50.00 210.00 50.00 120.00 50.00 120.00 50.00 210.00 50.00 210.00 50.00 c Hearing Aid Loop (HAL) to entry area item 21.00 21.00 21.00 21.00 21.00 21.00 c Hearing Aid Loop (HAL) at boarding points each 4.00 4,999.93 4.00 4,999.93 6.00 4,999.93 6.00 4,999.93 6.00 4,999.93 6.00 4,999.93 c Emergency call point each 1.00 1,946.37 1.00 1,946.37 1.00 1,946.37 1.00 1,946.37 1.00 1,946.37 1.00 1,946.37 c Duress button each 2.00 3,499.95 2.00 3,499.95 2.00 3,499.95 2.00 3,499.95 2.00 3,499.95 2.00 3,499.95 c Duress alarm each 1.00 3,499.95 1.00 3,499.95 1.00 3,499.95 1.00 3,499.95 1.00 3,499.95 1.00 3,499.95 c c Special provisions c Additional architectural finishes and fit out m² 210.00 100.00 210.00 100.00 120.00 100.00 120.00 100.00 210.00 100.00 210.00 100.00 c Bicycle stand, [type] each 1.00 1,249.98 1.00 1,249.98 1.00 1,249.98 1.00 1,249.98 1.00 1,249.98 1.00 1,249.98 c Bicycle lockers, [type] each ------c Bicycle enclosure m² ------c c Urban design c Artwork / Sculptures, [description] item ------c Architectural Treatments, [type], [description], [location] item ------c Landscaping Treatments, [type], [description], [location] item ------

t Total Schedule J: Stations

h1 SCHEDULE K: PAVEMENTS

15 Pavement, [type 1 CBD loop] m² 350.00 - 350.00 - 5,810.00 350.00 2,033,500 5,810.00 350.00 2,033,500 5,810.00 350.00 2,033,500 5,810.00 350.00 2,033,500

15 Pavement, [type 2 road crossings] m² 4,700.00 600.00 2,820,000 3,500.00 600.00 2,100,000 4,465.00 600.00 2,679,000 3,325.00 600.00 1,995,000 4,465.00 600.00 2,679,000 3,325.00 600.00 1,995,000

F2011 NSTC Concept Design Options v03 5 of 7 17/11/2020 Option 1: Light Rail Transit - Long Option 1: Light Rail Transit - Short Option 2: Bus Rapid Transit - Long Option 2: Bus Rapid Transit - Short Option 3: Trackless Tram Transit - Long Option 3: Trackless Tram Transit - Short Item PCB Code Description Unit ResponsibilityQuantity Unit rate Amount Quantity Unit rate Amount Quantity Unit rate Amount Quantity Unit rate Amount Quantity Unit rate Amount Quantity Unit rate Amount

15 Pavement, [type 2 ped crossings at stations] m² 728.00 200.00 145,600 560.00 200.00 112,000 200.00 - 200.00 - 200.00 - 200.00 -

15 Pavement, [type 3 cycleway] m² 40,548.00 150.00 6,082,200 34,281.00 150.00 5,142,150 40,548.00 150.00 6,082,200 34,281.00 150.00 5,142,150 40,548.00 150.00 6,082,200 34,281.00 150.00 5,142,150

15 Pavement, [type 4 transport corridor] m² 300.00 - 300.00 - 84,798.00 300.00 25,439,400 54,344.50 300.00 16,303,350 83,398.00 300.00 25,019,400 52,944.50 300.00 15,883,350

t Total Schedule K: Pavements

h1 SCHEDULE L: LINEMARKING

h2 Road Surface Delineation 52109 15 Lane line, continuous, [width] mm wide, colour [colour], m 30,650.67 1.10 33,716 25,560.67 1.10 28,117 90,414.00 1.10 99,455 65,173.67 1.10 71,691 89,480.67 1.10 98,429 64,240.33 1.10 70,664 material [material] 52117 15 Transverse lines [description], colour [colour], material m² 459.76 65.00 29,884 383.41 65.00 24,922 1,356.21 65.00 88,154 977.61 65.00 63,544 1,342.21 65.00 87,244 963.61 65.00 62,634 [material]

h2 Removal of existing line marking

h2 Raised Pavement Markers

h2 Supplementary Items

t Total Schedule L: Linemarking

h1 SCHEDULE M: ROAD FURNITURE

h2 Demolition 50001 15 Demolition of road furniture, as listed in Clause 3 of Lsum 1.00 57,487.28 57,487 0.70 57,487.28 40,241 1.00 57,487.28 57,487 0.70 57,487.28 40,241 1.00 57,487.28 57,487 0.70 57,487.28 40,241 Annexure MRTS14.1

h2 Guidance And Information Systems 50052 15 Supply of regulatory, warning and hazard sign faces, as Lsum 1.00 16,680.00 16,680 0.70 16,680.00 11,676 1.00 16,680.00 16,680 0.70 16,680.00 11,676 1.00 16,680.00 16,680 0.70 16,680.00 11,676 listed in Clause 1.3 of Annexure MRS14.1. 50061 15 Supply, erection and removal of project signs, [2] signs Lsum 1.00 2,149.35 2,149 1.00 2,149.35 2,149 1.00 2,149.35 2,149 1.00 2,149.35 2,149 1.00 2,149.35 2,149 1.00 2,149.35 2,149

h2 Roadside Structures 50167 15 Fencing, [type], [height] m high m 13,986.00 130.00 1,818,180 11,777.00 130.00 1,531,010 13,986.00 130.00 1,818,180 11,777.00 130.00 1,531,010 13,986.00 130.00 1,818,180 11,777.00 130.00 1,531,010

h2 Supplementary Items

t Total Schedule M: Road Furniture

h1 SCHEDULE N: LANDSCAPING

15 Landscaping, basic revegetation of corridor m² 38,906.00 3.00 116,718 23,554.00 3.00 70,662 39,706.00 3.00 119,118 24,354.00 3.00 73,062 38,906.00 3.00 116,718 23,554.00 3.00 70,662 15 Landscaping, landscaping at stations no 13.00 30,000.00 390,000 10.00 30,000.00 300,000 13.00 30,000.00 390,000 10.00 30,000.00 300,000 13.00 30,000.00 390,000 10.00 30,000.00 300,000

t Total Schedule N: Landscaping

h1 SCHEDULE O: ROAD LIGHTING, TRAFFIC SIGNALS & ITS

h2 Road Lighting

h2 Removal of road lighting equipment

h2 Conduit and conduits fittings underground 60007 15 Supply and installation of [No.] of [diameter] mm, [material], m 13,986.00 84.21 1,177,808 11,777.00 84.21 991,781 13,986.00 84.21 1,177,808 11,777.00 84.21 991,781 13,986.00 84.21 1,177,808 11,777.00 84.21 991,781 [type] conduit(s), in [surface]

h2 Cable jointing pits 60204 15 Supply and installation of cable jointing pit, [type] each 280.00 788.17 220,689 236.00 788.17 186,009 280.00 788.17 220,689 236.00 788.17 186,009 280.00 788.17 220,689 236.00 788.17 186,009 60205 15 Construction of pit surround, [type] each 280.00 216.61 60,651 236.00 216.61 51,120 280.00 216.61 60,651 236.00 216.61 51,120 280.00 216.61 60,651 236.00 216.61 51,120

h2 Road lighting footings 60351 15 Road lighting pole footing, [diameter] mm diameter each 280.00 834.48 233,653 236.00 834.48 196,936 280.00 834.48 233,653 236.00 834.48 196,936 280.00 834.48 233,653 236.00 834.48 196,936

h2 Road Lighting 60719 15 Supply and installation of [base plate mounted | slip base | each 280.00 2,746.36 768,981 236.00 2,746.36 648,141 280.00 2,746.36 768,981 236.00 2,746.36 648,141 280.00 2,746.36 768,981 236.00 2,746.36 648,141 energy absorbing] road lighting pole, [height] mm vertical height, [length] mm long [single | double] outreach arm, [with | without] outreach arm extension [with underground cabling and fused junction box in pit | with aerial supply | with loop in loop out cabling] 60724 15 Supply and installation of road lighting luminaire, [name of each 280.00 462.98 129,634 236.00 462.98 109,263 280.00 462.98 129,634 236.00 462.98 109,263 280.00 462.98 129,634 236.00 462.98 109,263 manufacturer], [type of luminaire]

h2 Switchboards

h2 Mains connection 62102 15 Installation of mains connection including mains connection each 280.00 2,000.00 560,000 236.00 2,000.00 472,000 280.00 2,000.00 560,000 236.00 2,000.00 472,000 280.00 2,000.00 560,000 236.00 2,000.00 472,000 cable

h2 Power Cables

h2 Traffic Signals

h2 Removal of existing signalised intersections

h2 Modification or construction of new signalised intersections

15 Signalised intersection, [location] item 24.00 100,000.00 2,400,000 16.00 100,000.00 1,600,000 24.00 100,000.00 2,400,000 16.00 100,000.00 1,600,000 24.00 100,000.00 2,400,000 16.00 100,000.00 1,600,000

h2 Intelligent Transport Systems (ITS)

t Total Schedule O: Road Lighting, Traffic Signals & ITS

h1 SCHEDULE P: MISCELLANEOUS

t Total Schedule P: Miscellaneous

h1 SCHEDULE Q: PUP

3 Water m 1,660.00 600.00 996,000 1,660.00 600.00 996,000 1,660.00 600.00 996,000 1,660.00 600.00 996,000 1,660.00 600.00 996,000 1,660.00 600.00 996,000 3 Sewer m 1,660.00 600.00 996,000 1,660.00 600.00 996,000 1,660.00 600.00 996,000 1,660.00 600.00 996,000 1,660.00 600.00 996,000 1,660.00 600.00 996,000 3 Power m 1,660.00 1,250.00 2,075,000 1,660.00 1,250.00 2,075,000 1,660.00 1,250.00 2,075,000 1,660.00 1,250.00 2,075,000 1,660.00 1,250.00 2,075,000 1,660.00 1,250.00 2,075,000 3 Telecommunications m 1,660.00 400.00 664,000 1,660.00 400.00 664,000 1,660.00 400.00 664,000 1,660.00 400.00 664,000 1,660.00 400.00 664,000 1,660.00 400.00 664,000 3 Gas m 1,660.00 1,250.00 2,075,000 1,660.00 1,250.00 2,075,000 1,660.00 1,250.00 2,075,000 1,660.00 1,250.00 2,075,000 1,660.00 1,250.00 2,075,000 1,660.00 1,250.00 2,075,000

F2011 NSTC Concept Design Options v03 6 of 7 17/11/2020 Option 1: Light Rail Transit - Long Option 1: Light Rail Transit - Short Option 2: Bus Rapid Transit - Long Option 2: Bus Rapid Transit - Short Option 3: Trackless Tram Transit - Long Option 3: Trackless Tram Transit - Short Item PCB Code Description Unit ResponsibilityQuantity Unit rate Amount Quantity Unit rate Amount Quantity Unit rate Amount Quantity Unit rate Amount Quantity Unit rate Amount Quantity Unit rate Amount

t Total Schedule P: Miscellaneous

t Total Construction Cost

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F2011 NSTC Concept Design Options v03 7 of 7 17/11/2020

Appendix E – Deterministic Risk Assessment

F2011 NSTC MCA Options v03 Contingency/ Risk Table DRAFT v1.0

Northern Suburbs Transit Corridor MCA STRATEGIC CONTINGENCY/ RISK TABLE (Based on Appendix B from RTA's Project Estimating Manual)

Option 1: Light Rail Transit - Long/Short Option 2: Bus Rapid Transit - Long/Short Option 3: Trackless Tram Transit - Long/Short

Complete cells with green shading Complete cells with green shading Complete cells with green shading Estimate Stage: Strategic / Planning Estimate Stage: Strategic / Planning Estimate Stage: Strategic / Planning

Project Location: Project Location: Project Location:

Project Description: Project Description: Project Description:

Task/activity Comments Task/activity Comments Task/activity Comments Highly Highly Highly Reliable Reliable Reliable Reliable Reliable Reliable Adopted Adopted Adopted Adopted Confident & Confident & Confident & Confident & Confident & Confident & Confident & Reasonably Reasonably Reasonably Reasonably Contingency Contingency Contingency Not Confident Not Confident Not Confident Not Confident & Not & Reliable Not & Reliable Not & Reliable Is it well defined? Yes V No Λ 3% 4% 5% 4% Is it well defined? Yes V No Λ 3% 4% 5% 4% Is it well defined? Yes V No Λ 3% 4% 5% 4%

Project Scope Is there room to vary the works? Yes Λ No V 3% 4% 5% 3% Project Scope Is there room to vary the works? Yes Λ No V 3% 4% 5% 3% Project Scope Is there room to vary the works? Yes Λ No V 3% 4% 5% 3%

Are there many options? Yes Λ No V 3% 4% 5% 3% Are there many options? Yes Λ No V 3% 4% 5% 3% Are there many options? Yes Λ No V 3% 4% 5% 3%

Are there Significant Risks? Yes Λ No V Are there Significant Risks? Yes Λ No V Are there Significant Risks? Yes Λ No V Political, Community, Technical, Financial. 5% 6% 8% 8% Political, Community, Technical, Financial. 5% 6% 8% 5% Political, Community, Technical, Financial. 5% 6% 8% 8% Risks Risks Risks Has a detailed Risk analysis been done? Yes V No Λ 4% 6% 7% 7% Has a detailed Risk analysis been done? Yes V No Λ 4% 6% 7% 7% Has a detailed Risk analysis been done? Yes V No Λ 4% 6% 7% 7%

Has a constructability review been undertaken? Has a constructability review been undertaken? Has a constructability review been undertaken? Yes V No Λ 3% 4% 5% 4% Yes V No Λ 3% 4% 5% 4% Yes V No Λ 3% 4% 5% 4% Constructability Constructability Constructability Is constructability a problem? Yes Λ No V 3% 4% 5% 3% Is constructability a problem? Yes Λ No V 3% 4% 5% 3% Is constructability a problem? Yes Λ No V 3% 4% 5% 3%

Are the Project dates known? Yes V No Λ 1% 2% 3% 2% Are the Project dates known? Yes V No Λ 1% 2% 3% 2% Are the Project dates known? Yes V No Λ 1% 2% 3% 2% Key Dates Key Dates Key Dates Is the project planned for the distant future? 1% 2% 3% 3% Is the project planned for the distant future? 1% 2% 3% 3% Is the project planned for the distant future? 1% 2% 3% 3% Yes Λ No V Yes Λ No V Yes Λ No V

Has investigation been Undertaken? Yes V No Λ 9% 12% 15% 12% Has investigation been Undertaken? Yes V No Λ 9% 12% 15% 12% Has investigation been Undertaken? Yes V No Λ 9% 12% 15% 12% Information Information Information Geotechnical, Heritage, Environmental, Technical, Hydraulic Geotechnical, Heritage, Environmental, Technical, Hydraulic Geotechnical, Heritage, Environmental, Technical, Hydraulic

Is the Project Short? Yes Λ No V 4% 7% 10% 7% Is the Project Short? Yes Λ No V 4% 7% 10% 7% Is the Project Short? Yes Λ No V 4% 7% 10% 7% Length of the Project Length of the Project Length of the Project <1km Short >25km Long <1km Short >25km Long <1km Short >25km Long Total Contingency percentage to be adopted: 56% Total Contingency percentage to be adopted: 53% Total Contingency percentage to be adopted: 56% Notes: Notes: Notes: No V denotes that if the answer is No, decrease contingency. No V denotes that if the answer is No, decrease contingency. No V denotes that if the answer is No, decrease contingency. No Λ denotes that if the answer is No, increase contingency. No Λ denotes that if the answer is No, increase contingency. No Λ denotes that if the answer is No, increase contingency. Yes Λ denotes that if the answer is Yes, increase contingency. Yes Λ denotes that if the answer is Yes, increase contingency. Yes Λ denotes that if the answer is Yes, increase contingency. Yes V denotes that if the answer is Yes, decrease contingency. Yes V denotes that if the answer is Yes, decrease contingency. Yes V denotes that if the answer is Yes, decrease contingency.

Page 1 of 1 Printed: 28/04/2020

Appendix F – Cashflow and Escalation

F2011 NSTC MCA Options v03 Northern Suburbs Transit Corridor MCA Cashflow and escalation calculation

Option 1: Light Rail Transit - Long Cashflow and Escalation Calculation $'000

Item Description Amount Count Count Check Year 1 Year 1 Year 1 Year 2 Year 2 Year 2 Year 2 Year 2 Year 2 Year 2 Year 2 Year 2 Year 2 Year 2 Year 2 Year 3 Year 3 Year 3 Year 3 Year 3 Year 3 Year 3 Year 3 Year 3 Year 3 Year 3 Year 3 Year 4 Year 4 Year 4 Year 4 Year 4 Year 4 Year 4 Year 4 Year 4 Year 4 Year 4 Year 4 Year 5 Year 5 Year 5 Sunk Apr 20 May 20 Jun 20 Jul 20 Aug 20 Sep 20 Oct 20 Nov 20 Dec 20 Jan 21 Feb 21 Mar 21 Apr 21 May 21 Jun 21 Jul 21 Aug 21 Sep 21 Oct 21 Nov 21 Dec 21 Jan 22 Feb 22 Mar 22 Apr 22 May 22 Jun 22 Jul 22 Aug 22 Sep 22 Oct 22 Nov 22 Dec 22 Jan 23 Feb 23 Mar 23 Apr 23 May 23 Jun 23 Jul 23 Aug 23 Sep 23 A Client Costs 78,973,743 A1 Scoping 15,187,258 18 18 TRUE 844 844 844 844 844 844 844 844 844 844 844 844 844 844 844 844 844 844 A2 Development 30,374,517 18 18 TRUE 1,687 1,687 1,687 1,687 1,687 1,687 1,687 1,687 1,687 1,687 1,687 1,687 1,687 1,687 1,687 A2 Delivery 33,411,968 36 36 TRUE A2 Property - 0 0 TRUE B Construction 303,745,167 B1 Contractor Construction Cost 243,745,167 36 36 TRUE B2 Client supplied materials and construction services 60,000,000 42 42 TRUE 1,429 1,429 1,429 1,429 1,429 1,429 1,429 1,429 1,429 1,429 1,429 1,429 1,429 1,429 1,429 A + B Total Base Cost 382,718,910 C Risk & Contingency 214,322,590 ------472 472 472 472 472 472 472 472 472 472 472 472 472 472 472 472 472 472 1,745 1,745 1,745 1,745 1,745 1,745 1,745 1,745 1,745 1,745 1,745 1,745 1,745 1,745 1,745 A + B + C Total Project Cost (Current $) 597,041,500 ------1,316 1,316 1,316 1,316 1,316 1,316 1,316 1,316 1,316 1,316 1,316 1,316 1,316 1,316 1,316 1,316 1,316 1,316 4,861 4,861 4,861 4,861 4,861 4,861 4,861 4,861 4,861 4,861 4,861 4,861 4,861 4,861 4,861 D Escalation 88,376,833 14.8% ------35 39 42 45 48 51 54 58 62 65 69 73 76 80 84 87 91 95 363 377 391 405 419 433 447 461 476 490 504 518 530 542 554 A + B + C + D Total Project Cost (Out-turn $) 685,418,332 ------1,352 1,355 1,358 1,361 1,364 1,367 1,371 1,374 1,378 1,382 1,385 1,389 1,392 1,396 1,400 1,403 1,407 1,411 5,224 5,238 5,252 5,266 5,280 5,294 5,308 5,322 5,337 5,351 5,365 5,379 5,391 5,403 5,415 TRUE Annual escalation % (DIRDC) 0.00% 4.40% 4.40% 4.40% 2.75% 2.75% 2.75% 2.75% 2.75% 2.75% 2.75% 2.75% 2.75% 2.75% 2.75% 2.75% 3.20% 3.20% 3.20% 3.20% 3.20% 3.20% 3.20% 3.20% 3.20% 3.20% 3.20% 3.20% 3.24% 3.24% 3.24% 3.24% 3.24% 3.24% 3.24% 3.24% 3.24% 3.24% 3.24% 3.24% 2.71% 2.71% 2.71% Monthly escalation % 0.00% 0.36% 0.36% 0.36% 0.23% 0.23% 0.23% 0.23% 0.23% 0.23% 0.23% 0.23% 0.23% 0.23% 0.23% 0.23% 0.26% 0.26% 0.26% 0.26% 0.26% 0.26% 0.26% 0.26% 0.26% 0.26% 0.26% 0.26% 0.27% 0.27% 0.27% 0.27% 0.27% 0.27% 0.27% 0.27% 0.27% 0.27% 0.27% 0.27% 0.22% 0.22% 0.22% Adjustment for escalation % 0.00% 0.36% 0.72% 1.08% 1.31% 1.54% 1.77% 2.00% 2.23% 2.46% 2.70% 2.93% 3.16% 3.40% 3.63% 3.87% 4.14% 4.41% 4.69% 4.96% 5.24% 5.51% 5.79% 6.07% 6.35% 6.63% 6.91% 7.19% 7.47% 7.76% 8.05% 8.33% 8.62% 8.91% 9.20% 9.49% 9.78% 10.07% 10.37% 10.66% 10.91% 11.16% 11.40%

Option 1: Light Rail Transit - Short Cashflow and Escalation Calculation $'000

Item Description Amount Count Count Check Year 1 Year 1 Year 1 Year 2 Year 2 Year 2 Year 2 Year 2 Year 2 Year 2 Year 2 Year 2 Year 2 Year 2 Year 2 Year 3 Year 3 Year 3 Year 3 Year 3 Year 3 Year 3 Year 3 Year 3 Year 3 Year 3 Year 3 Year 4 Year 4 Year 4 Year 4 Year 4 Year 4 Year 4 Year 4 Year 4 Year 4 Year 4 Year 4 Year 5 Year 5 Year 5 Sunk Apr 20 May 20 Jun 20 Jul 20 Aug 20 Sep 20 Oct 20 Nov 20 Dec 20 Jan 21 Feb 21 Mar 21 Apr 21 May 21 Jun 21 Jul 21 Aug 21 Sep 21 Oct 21 Nov 21 Dec 21 Jan 22 Feb 22 Mar 22 Apr 22 May 22 Jun 22 Jul 22 Aug 22 Sep 22 Oct 22 Nov 22 Dec 22 Jan 23 Feb 23 Mar 23 Apr 23 May 23 Jun 23 Jul 23 Aug 23 Sep 23 A Client Costs 60,125,724 A1 Scoping 11,562,639 18 18 TRUE 642 642 642 642 642 642 642 642 642 642 642 642 642 642 642 642 642 642 A2 Development 23,125,278 18 18 TRUE 1,285 1,285 1,285 1,285 1,285 1,285 1,285 1,285 1,285 1,285 1,285 1,285 1,285 1,285 1,285 A2 Delivery 25,437,806 24 24 TRUE A2 Property - 0 0 TRUE B Construction 231,252,783 B1 Contractor Construction Cost 186,252,783 24 24 TRUE B2 Client supplied materials and construction services 45,000,000 36 36 TRUE 1,250 1,250 1,250 1,250 1,250 1,250 1,250 1,250 1,250 1,250 1,250 1,250 1,250 1,250 1,250 A + B Total Base Cost 291,378,507 C Risk & Contingency 163,171,964 ------360 360 360 360 360 360 360 360 360 360 360 360 360 360 360 360 360 360 1,419 1,419 1,419 1,419 1,419 1,419 1,419 1,419 1,419 1,419 1,419 1,419 1,419 1,419 1,419 A + B + C Total Project Cost (Current $) 454,550,471 ------1,002 1,002 1,002 1,002 1,002 1,002 1,002 1,002 1,002 1,002 1,002 1,002 1,002 1,002 1,002 1,002 1,002 1,002 3,954 3,954 3,954 3,954 3,954 3,954 3,954 3,954 3,954 3,954 3,954 3,954 3,954 3,954 3,954 D Escalation 62,578,610 13.8% ------27 29 32 34 36 39 41 44 47 50 52 55 58 61 64 66 69 72 296 307 318 330 341 352 364 375 387 398 410 422 431 441 451 A + B + C + D Total Project Cost (Out-turn $) 517,129,081 ------1,029 1,031 1,034 1,036 1,038 1,041 1,044 1,046 1,049 1,052 1,055 1,057 1,060 1,063 1,066 1,069 1,071 1,074 4,250 4,261 4,272 4,284 4,295 4,307 4,318 4,329 4,341 4,353 4,364 4,376 4,385 4,395 4,405 TRUE Annual escalation % (DIRDC) 0.00% 4.40% 4.40% 4.40% 2.75% 2.75% 2.75% 2.75% 2.75% 2.75% 2.75% 2.75% 2.75% 2.75% 2.75% 2.75% 3.20% 3.20% 3.20% 3.20% 3.20% 3.20% 3.20% 3.20% 3.20% 3.20% 3.20% 3.20% 3.24% 3.24% 3.24% 3.24% 3.24% 3.24% 3.24% 3.24% 3.24% 3.24% 3.24% 3.24% 2.71% 2.71% 2.71% Monthly escalation % 0.00% 0.36% 0.36% 0.36% 0.23% 0.23% 0.23% 0.23% 0.23% 0.23% 0.23% 0.23% 0.23% 0.23% 0.23% 0.23% 0.26% 0.26% 0.26% 0.26% 0.26% 0.26% 0.26% 0.26% 0.26% 0.26% 0.26% 0.26% 0.27% 0.27% 0.27% 0.27% 0.27% 0.27% 0.27% 0.27% 0.27% 0.27% 0.27% 0.27% 0.22% 0.22% 0.22% Adjustment for escalation % 0.00% 0.36% 0.72% 1.08% 1.31% 1.54% 1.77% 2.00% 2.23% 2.46% 2.70% 2.93% 3.16% 3.40% 3.63% 3.87% 4.14% 4.41% 4.69% 4.96% 5.24% 5.51% 5.79% 6.07% 6.35% 6.63% 6.91% 7.19% 7.47% 7.76% 8.05% 8.33% 8.62% 8.91% 9.20% 9.49% 9.78% 10.07% 10.37% 10.66% 10.91% 11.16% 11.40%

Option 2: Bus Rapid Transit - Long Cashflow and Escalation Calculation $'000

Item Description Amount Count Count Check Year 1 Year 1 Year 1 Year 2 Year 2 Year 2 Year 2 Year 2 Year 2 Year 2 Year 2 Year 2 Year 2 Year 2 Year 2 Year 3 Year 3 Year 3 Year 3 Year 3 Year 3 Year 3 Year 3 Year 3 Year 3 Year 3 Year 3 Year 4 Year 4 Year 4 Year 4 Year 4 Year 4 Year 4 Year 4 Year 4 Year 4 Year 4 Year 4 Year 5 Year 5 Year 5 Sunk Apr 20 May 20 Jun 20 Jul 20 Aug 20 Sep 20 Oct 20 Nov 20 Dec 20 Jan 21 Feb 21 Mar 21 Apr 21 May 21 Jun 21 Jul 21 Aug 21 Sep 21 Oct 21 Nov 21 Dec 21 Jan 22 Feb 22 Mar 22 Apr 22 May 22 Jun 22 Jul 22 Aug 22 Sep 22 Oct 22 Nov 22 Dec 22 Jan 23 Feb 23 Mar 23 Apr 23 May 23 Jun 23 Jul 23 Aug 23 Sep 23 A Client Costs 60,079,504 A1 Scoping 11,553,751 18 18 TRUE 642 642 642 642 642 642 642 642 642 642 642 642 642 642 642 642 642 642 A2 Development 23,107,501 18 18 TRUE 1,284 1,284 1,284 1,284 1,284 1,284 1,284 1,284 1,284 1,284 1,284 1,284 1,284 1,284 1,284 A2 Delivery 25,418,252 36 36 TRUE A2 Property - 0 0 TRUE B Construction 231,075,014 B1 Contractor Construction Cost 203,075,014 36 36 TRUE B2 Client supplied materials and construction services 28,000,000 42 42 TRUE 667 667 667 667 667 667 667 667 667 667 667 667 667 667 667 A + B Total Base Cost 291,154,518 C Risk & Contingency 154,311,895 ------340 340 340 340 340 340 340 340 340 340 340 340 340 340 340 340 340 340 1,034 1,034 1,034 1,034 1,034 1,034 1,034 1,034 1,034 1,034 1,034 1,034 1,034 1,034 1,034 A + B + C Total Project Cost (Current $) 445,466,413 ------982 982 982 982 982 982 982 982 982 982 982 982 982 982 982 982 982 982 2,984 2,984 2,984 2,984 2,984 2,984 2,984 2,984 2,984 2,984 2,984 2,984 2,984 2,984 2,984 D Escalation 66,883,164 15.0% ------26 29 31 33 36 38 41 43 46 49 51 54 57 60 62 65 68 71 223 232 240 249 257 266 275 283 292 301 309 318 325 333 340 A + B + C + D Total Project Cost (Out-turn $) 512,349,576 ------1,009 1,011 1,013 1,015 1,018 1,020 1,023 1,025 1,028 1,031 1,034 1,036 1,039 1,042 1,044 1,047 1,050 1,053 3,207 3,216 3,224 3,233 3,241 3,250 3,259 3,267 3,276 3,285 3,293 3,302 3,310 3,317 3,324 TRUE Annual escalation % (DIRDC) 0.00% 4.40% 4.40% 4.40% 2.75% 2.75% 2.75% 2.75% 2.75% 2.75% 2.75% 2.75% 2.75% 2.75% 2.75% 2.75% 3.20% 3.20% 3.20% 3.20% 3.20% 3.20% 3.20% 3.20% 3.20% 3.20% 3.20% 3.20% 3.24% 3.24% 3.24% 3.24% 3.24% 3.24% 3.24% 3.24% 3.24% 3.24% 3.24% 3.24% 2.71% 2.71% 2.71% Monthly escalation % 0.00% 0.36% 0.36% 0.36% 0.23% 0.23% 0.23% 0.23% 0.23% 0.23% 0.23% 0.23% 0.23% 0.23% 0.23% 0.23% 0.26% 0.26% 0.26% 0.26% 0.26% 0.26% 0.26% 0.26% 0.26% 0.26% 0.26% 0.26% 0.27% 0.27% 0.27% 0.27% 0.27% 0.27% 0.27% 0.27% 0.27% 0.27% 0.27% 0.27% 0.22% 0.22% 0.22% Adjustment for escalation % 0.00% 0.36% 0.72% 1.08% 1.31% 1.54% 1.77% 2.00% 2.23% 2.46% 2.70% 2.93% 3.16% 3.40% 3.63% 3.87% 4.14% 4.41% 4.69% 4.96% 5.24% 5.51% 5.79% 6.07% 6.35% 6.63% 6.91% 7.19% 7.47% 7.76% 8.05% 8.33% 8.62% 8.91% 9.20% 9.49% 9.78% 10.07% 10.37% 10.66% 10.91% 11.16% 11.40%

Option 2: Bus Rapid Transit - Short Cashflow and Escalation Calculation $'000

Item Description Amount Count Count Check Year 1 Year 1 Year 1 Year 2 Year 2 Year 2 Year 2 Year 2 Year 2 Year 2 Year 2 Year 2 Year 2 Year 2 Year 2 Year 3 Year 3 Year 3 Year 3 Year 3 Year 3 Year 3 Year 3 Year 3 Year 3 Year 3 Year 3 Year 4 Year 4 Year 4 Year 4 Year 4 Year 4 Year 4 Year 4 Year 4 Year 4 Year 4 Year 4 Year 5 Year 5 Year 5 Sunk Apr 20 May 20 Jun 20 Jul 20 Aug 20 Sep 20 Oct 20 Nov 20 Dec 20 Jan 21 Feb 21 Mar 21 Apr 21 May 21 Jun 21 Jul 21 Aug 21 Sep 21 Oct 21 Nov 21 Dec 21 Jan 22 Feb 22 Mar 22 Apr 22 May 22 Jun 22 Jul 22 Aug 22 Sep 22 Oct 22 Nov 22 Dec 22 Jan 23 Feb 23 Mar 23 Apr 23 May 23 Jun 23 Jul 23 Aug 23 Sep 23 A Client Costs 45,612,225 A1 Scoping 8,771,582 18 18 TRUE 487 487 487 487 487 487 487 487 487 487 487 487 487 487 487 487 487 487 A2 Development 17,543,164 18 18 TRUE 975 975 975 975 975 975 975 975 975 975 975 975 975 975 975 A2 Delivery 19,297,480 24 24 TRUE A2 Property - 0 0 TRUE B Construction 175,431,635 B1 Contractor Construction Cost 155,631,635 24 24 TRUE B2 Client supplied materials and construction services 19,800,000 36 36 TRUE 550 550 550 550 550 550 550 550 550 550 550 550 550 550 550 A + B Total Base Cost 221,043,860 C Risk & Contingency 117,153,246 ------258 258 258 258 258 258 258 258 258 258 258 258 258 258 258 258 258 258 808 808 808 808 808 808 808 808 808 808 808 808 808 808 808 A + B + C Total Project Cost (Current $) 338,197,106 ------746 746 746 746 746 746 746 746 746 746 746 746 746 746 746 746 746 746 2,333 2,333 2,333 2,333 2,333 2,333 2,333 2,333 2,333 2,333 2,333 2,333 2,333 2,333 2,333 D Escalation 47,194,524 14.0% ------20 22 24 25 27 29 31 33 35 37 39 41 43 45 47 49 52 54 174 181 188 194 201 208 215 221 228 235 242 249 254 260 266 A + B + C + D Total Project Cost (Out-turn $) 385,391,630 ------766 767 769 771 773 774 776 778 781 783 785 787 789 791 793 795 797 799 2,507 2,514 2,520 2,527 2,534 2,541 2,547 2,554 2,561 2,568 2,574 2,581 2,587 2,593 2,599 TRUE Annual escalation % (DIRDC) 0.00% 4.40% 4.40% 4.40% 2.75% 2.75% 2.75% 2.75% 2.75% 2.75% 2.75% 2.75% 2.75% 2.75% 2.75% 2.75% 3.20% 3.20% 3.20% 3.20% 3.20% 3.20% 3.20% 3.20% 3.20% 3.20% 3.20% 3.20% 3.24% 3.24% 3.24% 3.24% 3.24% 3.24% 3.24% 3.24% 3.24% 3.24% 3.24% 3.24% 2.71% 2.71% 2.71% Monthly escalation % 0.00% 0.36% 0.36% 0.36% 0.23% 0.23% 0.23% 0.23% 0.23% 0.23% 0.23% 0.23% 0.23% 0.23% 0.23% 0.23% 0.26% 0.26% 0.26% 0.26% 0.26% 0.26% 0.26% 0.26% 0.26% 0.26% 0.26% 0.26% 0.27% 0.27% 0.27% 0.27% 0.27% 0.27% 0.27% 0.27% 0.27% 0.27% 0.27% 0.27% 0.22% 0.22% 0.22% Adjustment for escalation % 0.00% 0.36% 0.72% 1.08% 1.31% 1.54% 1.77% 2.00% 2.23% 2.46% 2.70% 2.93% 3.16% 3.40% 3.63% 3.87% 4.14% 4.41% 4.69% 4.96% 5.24% 5.51% 5.79% 6.07% 6.35% 6.63% 6.91% 7.19% 7.47% 7.76% 8.05% 8.33% 8.62% 8.91% 9.20% 9.49% 9.78% 10.07% 10.37% 10.66% 10.91% 11.16% 11.40%

Option 3: Trackless Tram Transit - Long Cashflow and Escalation Calculation $'000

Item Description Amount Count Count Check Year 1 Year 1 Year 1 Year 2 Year 2 Year 2 Year 2 Year 2 Year 2 Year 2 Year 2 Year 2 Year 2 Year 2 Year 2 Year 3 Year 3 Year 3 Year 3 Year 3 Year 3 Year 3 Year 3 Year 3 Year 3 Year 3 Year 3 Year 4 Year 4 Year 4 Year 4 Year 4 Year 4 Year 4 Year 4 Year 4 Year 4 Year 4 Year 4 Year 5 Year 5 Year 5 Sunk Apr 20 May 20 Jun 20 Jul 20 Aug 20 Sep 20 Oct 20 Nov 20 Dec 20 Jan 21 Feb 21 Mar 21 Apr 21 May 21 Jun 21 Jul 21 Aug 21 Sep 21 Oct 21 Nov 21 Dec 21 Jan 22 Feb 22 Mar 22 Apr 22 May 22 Jun 22 Jul 22 Aug 22 Sep 22 Oct 22 Nov 22 Dec 22 Jan 23 Feb 23 Mar 23 Apr 23 May 23 Jun 23 Jul 23 Aug 23 Sep 23 A Client Costs 67,723,935 A1 Scoping 13,023,834 18 18 TRUE 724 724 724 724 724 724 724 724 724 724 724 724 724 724 724 724 724 724 A2 Development 26,047,667 18 18 TRUE 1,447 1,447 1,447 1,447 1,447 1,447 1,447 1,447 1,447 1,447 1,447 1,447 1,447 1,447 1,447 A2 Delivery 28,652,434 36 36 TRUE A2 Property - 0 0 TRUE B Construction 260,476,673 B1 Contractor Construction Cost 220,476,673 36 36 TRUE B2 Client supplied materials and construction services 40,000,000 42 42 TRUE 952 952 952 952 952 952 952 952 952 952 952 952 952 952 952 A + B Total Base Cost 328,200,608 C Risk & Contingency 183,792,341 ------405 405 405 405 405 405 405 405 405 405 405 405 405 405 405 405 405 405 1,344 1,344 1,344 1,344 1,344 1,344 1,344 1,344 1,344 1,344 1,344 1,344 1,344 1,344 1,344 A + B + C Total Project Cost (Current $) 511,992,949 ------1,129 1,129 1,129 1,129 1,129 1,129 1,129 1,129 1,129 1,129 1,129 1,129 1,129 1,129 1,129 1,129 1,129 1,129 3,743 3,743 3,743 3,743 3,743 3,743 3,743 3,743 3,743 3,743 3,743 3,743 3,743 3,743 3,743 D Escalation 76,411,746 14.9% ------30 33 36 38 41 44 47 50 53 56 59 62 65 69 72 75 78 81 280 290 301 312 323 334 344 355 366 377 388 399 408 418 427 A + B + C + D Total Project Cost (Out-turn $) 588,404,696 ------1,159 1,162 1,164 1,167 1,170 1,172 1,175 1,179 1,182 1,185 1,188 1,191 1,194 1,197 1,200 1,204 1,207 1,210 4,023 4,034 4,044 4,055 4,066 4,077 4,088 4,098 4,109 4,120 4,131 4,142 4,151 4,161 4,170 TRUE Annual escalation % (DIRDC) 0.00% 4.40% 4.40% 4.40% 2.75% 2.75% 2.75% 2.75% 2.75% 2.75% 2.75% 2.75% 2.75% 2.75% 2.75% 2.75% 3.20% 3.20% 3.20% 3.20% 3.20% 3.20% 3.20% 3.20% 3.20% 3.20% 3.20% 3.20% 3.24% 3.24% 3.24% 3.24% 3.24% 3.24% 3.24% 3.24% 3.24% 3.24% 3.24% 3.24% 2.71% 2.71% 2.71% Monthly escalation % 0.00% 0.36% 0.36% 0.36% 0.23% 0.23% 0.23% 0.23% 0.23% 0.23% 0.23% 0.23% 0.23% 0.23% 0.23% 0.23% 0.26% 0.26% 0.26% 0.26% 0.26% 0.26% 0.26% 0.26% 0.26% 0.26% 0.26% 0.26% 0.27% 0.27% 0.27% 0.27% 0.27% 0.27% 0.27% 0.27% 0.27% 0.27% 0.27% 0.27% 0.22% 0.22% 0.22% Adjustment for escalation % 0.00% 0.36% 0.72% 1.08% 1.31% 1.54% 1.77% 2.00% 2.23% 2.46% 2.70% 2.93% 3.16% 3.40% 3.63% 3.87% 4.14% 4.41% 4.69% 4.96% 5.24% 5.51% 5.79% 6.07% 6.35% 6.63% 6.91% 7.19% 7.47% 7.76% 8.05% 8.33% 8.62% 8.91% 9.20% 9.49% 9.78% 10.07% 10.37% 10.66% 10.91% 11.16% 11.40%

Option 3: Trackless Tram Transit - Short Cashflow and Escalation Calculation $'000

Item Description Amount Count Count Check Year 1 Year 1 Year 1 Year 2 Year 2 Year 2 Year 2 Year 2 Year 2 Year 2 Year 2 Year 2 Year 2 Year 2 Year 2 Year 3 Year 3 Year 3 Year 3 Year 3 Year 3 Year 3 Year 3 Year 3 Year 3 Year 3 Year 3 Year 4 Year 4 Year 4 Year 4 Year 4 Year 4 Year 4 Year 4 Year 4 Year 4 Year 4 Year 4 Year 5 Year 5 Year 5 Sunk Apr 20 May 20 Jun 20 Jul 20 Aug 20 Sep 20 Oct 20 Nov 20 Dec 20 Jan 21 Feb 21 Mar 21 Apr 21 May 21 Jun 21 Jul 21 Aug 21 Sep 21 Oct 21 Nov 21 Dec 21 Jan 22 Feb 22 Mar 22 Apr 22 May 22 Jun 22 Jul 22 Aug 22 Sep 22 Oct 22 Nov 22 Dec 22 Jan 23 Feb 23 Mar 23 Apr 23 May 23 Jun 23 Jul 23 Aug 23 Sep 23 A Client Costs 51,398,735 A1 Scoping 9,884,372 18 18 TRUE 549 549 549 549 549 549 549 549 549 549 549 549 549 549 549 549 549 549 A2 Development 19,768,744 18 18 TRUE 1,098 1,098 1,098 1,098 1,098 1,098 1,098 1,098 1,098 1,098 1,098 1,098 1,098 1,098 1,098 A2 Delivery 21,745,619 24 24 TRUE A2 Property - 0 0 TRUE B Construction 197,687,442 B1 Contractor Construction Cost 167,687,442 24 24 TRUE B2 Client supplied materials and construction services 30,000,000 36 36 TRUE 833 833 833 833 833 833 833 833 833 833 833 833 833 833 833 A + B Total Base Cost 249,086,176 C Risk & Contingency 139,488,259 ------308 308 308 308 308 308 308 308 308 308 308 308 308 308 308 308 308 308 1,082 1,082 1,082 1,082 1,082 1,082 1,082 1,082 1,082 1,082 1,082 1,082 1,082 1,082 1,082 A + B + C Total Project Cost (Current $) 388,574,435 ------857 857 857 857 857 857 857 857 857 857 857 857 857 857 857 857 857 857 3,013 3,013 3,013 3,013 3,013 3,013 3,013 3,013 3,013 3,013 3,013 3,013 3,013 3,013 3,013 D Escalation 53,877,676 13.9% ------23 25 27 29 31 33 35 38 40 43 45 47 50 52 54 57 59 62 225 234 242 251 260 269 277 286 295 304 312 321 329 336 344 A + B + C + D Total Project Cost (Out-turn $) 442,452,111 ------880 882 884 886 888 890 892 894 897 899 902 904 906 909 911 913 916 918 3,239 3,247 3,256 3,264 3,273 3,282 3,291 3,299 3,308 3,317 3,326 3,335 3,342 3,349 3,357 TRUE Annual escalation % (DIRDC) 0.00% 4.40% 4.40% 4.40% 2.75% 2.75% 2.75% 2.75% 2.75% 2.75% 2.75% 2.75% 2.75% 2.75% 2.75% 2.75% 3.20% 3.20% 3.20% 3.20% 3.20% 3.20% 3.20% 3.20% 3.20% 3.20% 3.20% 3.20% 3.24% 3.24% 3.24% 3.24% 3.24% 3.24% 3.24% 3.24% 3.24% 3.24% 3.24% 3.24% 2.71% 2.71% 2.71% Monthly escalation % 0.00% 0.36% 0.36% 0.36% 0.23% 0.23% 0.23% 0.23% 0.23% 0.23% 0.23% 0.23% 0.23% 0.23% 0.23% 0.23% 0.26% 0.26% 0.26% 0.26% 0.26% 0.26% 0.26% 0.26% 0.26% 0.26% 0.26% 0.26% 0.27% 0.27% 0.27% 0.27% 0.27% 0.27% 0.27% 0.27% 0.27% 0.27% 0.27% 0.27% 0.22% 0.22% 0.22% Adjustment for escalation % 0.00% 0.36% 0.72% 1.08% 1.31% 1.54% 1.77% 2.00% 2.23% 2.46% 2.70% 2.93% 3.16% 3.40% 3.63% 3.87% 4.14% 4.41% 4.69% 4.96% 5.24% 5.51% 5.79% 6.07% 6.35% 6.63% 6.91% 7.19% 7.47% 7.76% 8.05% 8.33% 8.62% 8.91% 9.20% 9.49% 9.78% 10.07% 10.37% 10.66% 10.91% 11.16% 11.40%

Tasmania PCB escalation rates Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10 4.4% 2.8% 3.2% 3.2% 2.7% 2.3% 2.1% 2.7% 2.7% 2.7%

F2011 NSTC Concept Design Options v03 Escalation Page 1 of 2 Northern Suburbs Transit Corridor MCA Cashflow and escalation calculation

Option 1: Light Rail Transit - Long

Item Description Amount Year 5 Year 5 Year 5 Year 5 Year 5 Year 5 Year 5 Year 5 Year 5 Year 6 Year 6 Year 6 Year 6 Year 6 Year 6 Year 6 Year 6 Year 6 Year 6 Year 6 Year 6 Year 7 Year 7 Year 7 Year 7 Year 7 Year 7 Year 7 Year 7 Year 7 Year 7 Year 7 Year 7 Year 8 Year 8 Year 8 Year 8 Year 8 Year 8 Year 8 Year 8 Oct 23 Nov 23 Dec 23 Jan 24 Feb 24 Mar 24 Apr 24 May 24 Jun 24 Jul 24 Aug 24 Sep 24 Oct 24 Nov 24 Dec 24 Jan 25 Feb 25 Mar 25 Apr 25 May 25 Jun 25 Jul 25 Aug 25 Sep 25 Oct 25 Nov 25 Dec 25 Jan 26 Feb 26 Mar 26 Apr 26 May 26 Jun 26 Jul 26 Aug 26 Sep 26 Oct 26 Nov 26 Dec 26 Jan 27 Feb 27 A Client Costs 78,973,743 A1 Scoping 15,187,258 A2 Development 30,374,517 1,687 1,687 1,687 A2 Delivery 33,411,968 928 928 928 928 928 928 928 928 928 928 928 928 928 928 928 928 928 928 928 928 928 928 928 928 928 928 928 928 928 928 928 928 928 928 928 928 A2 Property - B Construction 303,745,167 B1 Contractor Construction Cost 243,745,167 6,771 6,771 6,771 6,771 6,771 6,771 6,771 6,771 6,771 6,771 6,771 6,771 6,771 6,771 6,771 6,771 6,771 6,771 6,771 6,771 6,771 6,771 6,771 6,771 6,771 6,771 6,771 6,771 6,771 6,771 6,771 6,771 6,771 6,771 6,771 6,771 B2 Client supplied materials and construction services 60,000,000 1,429 1,429 1,429 1,429 1,429 1,429 1,429 1,429 1,429 1,429 1,429 1,429 1,429 1,429 1,429 1,429 1,429 1,429 1,429 1,429 1,429 1,429 1,429 1,429 1,429 1,429 1,429 A + B Total Base Cost 382,718,910 C Risk & Contingency 214,322,590 1,745 1,745 1,745 5,111 5,111 5,111 5,111 5,111 5,111 5,111 5,111 5,111 5,111 5,111 5,111 5,111 5,111 5,111 5,111 5,111 5,111 5,111 5,111 5,111 5,111 5,111 5,111 4,311 4,311 4,311 4,311 4,311 4,311 4,311 4,311 4,311 4,311 4,311 4,311 - - A + B + C Total Project Cost (Current $) 597,041,500 4,861 4,861 4,861 14,239 14,239 14,239 14,239 14,239 14,239 14,239 14,239 14,239 14,239 14,239 14,239 14,239 14,239 14,239 14,239 14,239 14,239 14,239 14,239 14,239 14,239 14,239 14,239 12,010 12,010 12,010 12,010 12,010 12,010 12,010 12,010 12,010 12,010 12,010 12,010 - - D Escalation 88,376,833 566 579 591 1,766 1,802 1,838 1,874 1,910 1,946 1,976 2,006 2,037 2,067 2,098 2,128 2,159 2,190 2,220 2,251 2,282 2,313 2,342 2,371 2,399 2,428 2,457 2,486 2,121 2,146 2,170 2,195 2,219 2,244 2,276 2,308 2,340 2,372 2,404 2,436 - - A + B + C + D Total Project Cost (Out-turn $) 685,418,332 5,427 5,440 5,452 16,005 16,040 16,076 16,112 16,148 16,184 16,215 16,245 16,275 16,306 16,336 16,367 16,398 16,428 16,459 16,490 16,521 16,552 16,581 16,609 16,638 16,667 16,696 16,725 14,131 14,156 14,180 14,205 14,230 14,254 14,286 14,318 14,350 14,382 14,414 14,446 - - TRUE 2.71% 2.71% 2.71% 2.71% 2.71% 2.71% 2.71% 2.71% 2.71% 2.27% 2.27% 2.27% 2.27% 2.27% 2.27% 2.27% 2.27% 2.27% 2.27% 2.27% 2.27% 2.10% 2.10% 2.10% 2.10% 2.10% 2.10% 2.10% 2.10% 2.10% 2.10% 2.10% 2.10% 2.71% 2.71% 2.71% 2.71% 2.71% 2.71% 2.71% 2.71% 0.22% 0.22% 0.22% 0.22% 0.22% 0.22% 0.22% 0.22% 0.22% 0.19% 0.19% 0.19% 0.19% 0.19% 0.19% 0.19% 0.19% 0.19% 0.19% 0.19% 0.19% 0.17% 0.17% 0.17% 0.17% 0.17% 0.17% 0.17% 0.17% 0.17% 0.17% 0.17% 0.17% 0.22% 0.22% 0.22% 0.22% 0.22% 0.22% 0.22% 0.22% 11.65% 11.90% 12.15% 12.40% 12.65% 12.91% 13.16% 13.41% 13.66% 13.88% 14.09% 14.30% 14.52% 14.73% 14.95% 15.16% 15.38% 15.59% 15.81% 16.03% 16.25% 16.45% 16.65% 16.85% 17.05% 17.26% 17.46% 17.66% 17.87% 18.07% 18.28% 18.48% 18.69% 18.95% 19.22% 19.48% 19.75% 20.02% 20.28% 20.55% 20.82%

Option 1: Light Rail Transit - Short

Item Description Amount Year 5 Year 5 Year 5 Year 5 Year 5 Year 5 Year 5 Year 5 Year 5 Year 6 Year 6 Year 6 Year 6 Year 6 Year 6 Year 6 Year 6 Year 6 Year 6 Year 6 Year 6 Year 7 Year 7 Year 7 Year 7 Year 7 Year 7 Year 7 Year 7 Year 7 Year 7 Year 7 Year 7 Year 8 Year 8 Year 8 Year 8 Year 8 Year 8 Year 8 Year 8 Oct 23 Nov 23 Dec 23 Jan 24 Feb 24 Mar 24 Apr 24 May 24 Jun 24 Jul 24 Aug 24 Sep 24 Oct 24 Nov 24 Dec 24 Jan 25 Feb 25 Mar 25 Apr 25 May 25 Jun 25 Jul 25 Aug 25 Sep 25 Oct 25 Nov 25 Dec 25 Jan 26 Feb 26 Mar 26 Apr 26 May 26 Jun 26 Jul 26 Aug 26 Sep 26 Oct 26 Nov 26 Dec 26 Jan 27 Feb 27 A Client Costs 60,125,724 A1 Scoping 11,562,639 A2 Development 23,125,278 1,285 1,285 1,285 A2 Delivery 25,437,806 1,060 1,060 1,060 1,060 1,060 1,060 1,060 1,060 1,060 1,060 1,060 1,060 1,060 1,060 1,060 1,060 1,060 1,060 1,060 1,060 1,060 1,060 1,060 1,060 A2 Property - B Construction 231,252,783 B1 Contractor Construction Cost 186,252,783 7,761 7,761 7,761 7,761 7,761 7,761 7,761 7,761 7,761 7,761 7,761 7,761 7,761 7,761 7,761 7,761 7,761 7,761 7,761 7,761 7,761 7,761 7,761 7,761 B2 Client supplied materials and construction services 45,000,000 1,250 1,250 1,250 1,250 1,250 1,250 1,250 1,250 1,250 1,250 1,250 1,250 1,250 1,250 1,250 1,250 1,250 1,250 1,250 1,250 1,250 A + B Total Base Cost 291,378,507 C Risk & Contingency 163,171,964 1,419 1,419 1,419 5,639 5,639 5,639 5,639 5,639 5,639 5,639 5,639 5,639 5,639 5,639 5,639 5,639 5,639 5,639 5,639 5,639 5,639 4,939 4,939 4,939 4,939 4,939 4,939 ------A + B + C Total Project Cost (Current $) 454,550,471 3,954 3,954 3,954 15,710 15,710 15,710 15,710 15,710 15,710 15,710 15,710 15,710 15,710 15,710 15,710 15,710 15,710 15,710 15,710 15,710 15,710 13,760 13,760 13,760 13,760 13,760 13,760 ------D Escalation 62,578,610 461 471 481 1,948 1,988 2,027 2,067 2,107 2,147 2,180 2,214 2,247 2,281 2,314 2,348 2,382 2,416 2,450 2,484 2,518 2,552 2,263 2,291 2,319 2,346 2,374 2,402 ------A + B + C + D Total Project Cost (Out-turn $) 517,129,081 4,415 4,425 4,435 17,658 17,698 17,737 17,777 17,817 17,857 17,890 17,923 17,957 17,991 18,024 18,058 18,092 18,126 18,160 18,194 18,228 18,262 16,023 16,051 16,079 16,106 16,134 16,162 ------TRUE 2.71% 2.71% 2.71% 2.71% 2.71% 2.71% 2.71% 2.71% 2.71% 2.27% 2.27% 2.27% 2.27% 2.27% 2.27% 2.27% 2.27% 2.27% 2.27% 2.27% 2.27% 2.10% 2.10% 2.10% 2.10% 2.10% 2.10% 2.10% 2.10% 2.10% 2.10% 2.10% 2.10% 2.71% 2.71% 2.71% 2.71% 2.71% 2.71% 2.71% 2.71% 0.22% 0.22% 0.22% 0.22% 0.22% 0.22% 0.22% 0.22% 0.22% 0.19% 0.19% 0.19% 0.19% 0.19% 0.19% 0.19% 0.19% 0.19% 0.19% 0.19% 0.19% 0.17% 0.17% 0.17% 0.17% 0.17% 0.17% 0.17% 0.17% 0.17% 0.17% 0.17% 0.17% 0.22% 0.22% 0.22% 0.22% 0.22% 0.22% 0.22% 0.22% 11.65% 11.90% 12.15% 12.40% 12.65% 12.91% 13.16% 13.41% 13.66% 13.88% 14.09% 14.30% 14.52% 14.73% 14.95% 15.16% 15.38% 15.59% 15.81% 16.03% 16.25% 16.45% 16.65% 16.85% 17.05% 17.26% 17.46% 17.66% 17.87% 18.07% 18.28% 18.48% 18.69% 18.95% 19.22% 19.48% 19.75% 20.02% 20.28% 20.55% 20.82%

Option 2: Bus Rapid Transit - Long

Item Description Amount Year 5 Year 5 Year 5 Year 5 Year 5 Year 5 Year 5 Year 5 Year 5 Year 6 Year 6 Year 6 Year 6 Year 6 Year 6 Year 6 Year 6 Year 6 Year 6 Year 6 Year 6 Year 7 Year 7 Year 7 Year 7 Year 7 Year 7 Year 7 Year 7 Year 7 Year 7 Year 7 Year 7 Year 8 Year 8 Year 8 Year 8 Year 8 Year 8 Year 8 Year 8 Oct 23 Nov 23 Dec 23 Jan 24 Feb 24 Mar 24 Apr 24 May 24 Jun 24 Jul 24 Aug 24 Sep 24 Oct 24 Nov 24 Dec 24 Jan 25 Feb 25 Mar 25 Apr 25 May 25 Jun 25 Jul 25 Aug 25 Sep 25 Oct 25 Nov 25 Dec 25 Jan 26 Feb 26 Mar 26 Apr 26 May 26 Jun 26 Jul 26 Aug 26 Sep 26 Oct 26 Nov 26 Dec 26 Jan 27 Feb 27 A Client Costs 60,079,504 A1 Scoping 11,553,751 A2 Development 23,107,501 1,284 1,284 1,284 A2 Delivery 25,418,252 706 706 706 706 706 706 706 706 706 706 706 706 706 706 706 706 706 706 706 706 706 706 706 706 706 706 706 706 706 706 706 706 706 706 706 706 A2 Property - B Construction 231,075,014 B1 Contractor Construction Cost 203,075,014 5,641 5,641 5,641 5,641 5,641 5,641 5,641 5,641 5,641 5,641 5,641 5,641 5,641 5,641 5,641 5,641 5,641 5,641 5,641 5,641 5,641 5,641 5,641 5,641 5,641 5,641 5,641 5,641 5,641 5,641 5,641 5,641 5,641 5,641 5,641 5,641 B2 Client supplied materials and construction services 28,000,000 667 667 667 667 667 667 667 667 667 667 667 667 667 667 667 667 667 667 667 667 667 667 667 667 667 667 667 A + B Total Base Cost 291,154,518 C Risk & Contingency 154,311,895 1,034 1,034 1,034 3,717 3,717 3,717 3,717 3,717 3,717 3,717 3,717 3,717 3,717 3,717 3,717 3,717 3,717 3,717 3,717 3,717 3,717 3,717 3,717 3,717 3,717 3,717 3,717 3,364 3,364 3,364 3,364 3,364 3,364 3,364 3,364 3,364 3,364 3,364 3,364 - - A + B + C Total Project Cost (Current $) 445,466,413 2,984 2,984 2,984 10,731 10,731 10,731 10,731 10,731 10,731 10,731 10,731 10,731 10,731 10,731 10,731 10,731 10,731 10,731 10,731 10,731 10,731 10,731 10,731 10,731 10,731 10,731 10,731 9,711 9,711 9,711 9,711 9,711 9,711 9,711 9,711 9,711 9,711 9,711 9,711 - - D Escalation 66,883,164 348 355 363 1,331 1,358 1,385 1,412 1,439 1,466 1,489 1,512 1,535 1,558 1,581 1,604 1,627 1,650 1,673 1,697 1,720 1,743 1,765 1,787 1,808 1,830 1,852 1,874 1,715 1,735 1,755 1,775 1,795 1,815 1,840 1,866 1,892 1,918 1,944 1,970 - - A + B + C + D Total Project Cost (Out-turn $) 512,349,576 3,332 3,339 3,347 12,062 12,089 12,116 12,143 12,170 12,197 12,220 12,243 12,266 12,289 12,312 12,335 12,358 12,381 12,404 12,428 12,451 12,474 12,496 12,518 12,539 12,561 12,583 12,604 11,426 11,446 11,466 11,486 11,506 11,526 11,551 11,577 11,603 11,629 11,655 11,681 - - TRUE 2.71% 2.71% 2.71% 2.71% 2.71% 2.71% 2.71% 2.71% 2.71% 2.27% 2.27% 2.27% 2.27% 2.27% 2.27% 2.27% 2.27% 2.27% 2.27% 2.27% 2.27% 2.10% 2.10% 2.10% 2.10% 2.10% 2.10% 2.10% 2.10% 2.10% 2.10% 2.10% 2.10% 2.71% 2.71% 2.71% 2.71% 2.71% 2.71% 2.71% 2.71% 0.22% 0.22% 0.22% 0.22% 0.22% 0.22% 0.22% 0.22% 0.22% 0.19% 0.19% 0.19% 0.19% 0.19% 0.19% 0.19% 0.19% 0.19% 0.19% 0.19% 0.19% 0.17% 0.17% 0.17% 0.17% 0.17% 0.17% 0.17% 0.17% 0.17% 0.17% 0.17% 0.17% 0.22% 0.22% 0.22% 0.22% 0.22% 0.22% 0.22% 0.22% 11.65% 11.90% 12.15% 12.40% 12.65% 12.91% 13.16% 13.41% 13.66% 13.88% 14.09% 14.30% 14.52% 14.73% 14.95% 15.16% 15.38% 15.59% 15.81% 16.03% 16.25% 16.45% 16.65% 16.85% 17.05% 17.26% 17.46% 17.66% 17.87% 18.07% 18.28% 18.48% 18.69% 18.95% 19.22% 19.48% 19.75% 20.02% 20.28% 20.55% 20.82%

Option 2: Bus Rapid Transit - Short

Item Description Amount Year 5 Year 5 Year 5 Year 5 Year 5 Year 5 Year 5 Year 5 Year 5 Year 6 Year 6 Year 6 Year 6 Year 6 Year 6 Year 6 Year 6 Year 6 Year 6 Year 6 Year 6 Year 7 Year 7 Year 7 Year 7 Year 7 Year 7 Year 7 Year 7 Year 7 Year 7 Year 7 Year 7 Year 8 Year 8 Year 8 Year 8 Year 8 Year 8 Year 8 Year 8 Oct 23 Nov 23 Dec 23 Jan 24 Feb 24 Mar 24 Apr 24 May 24 Jun 24 Jul 24 Aug 24 Sep 24 Oct 24 Nov 24 Dec 24 Jan 25 Feb 25 Mar 25 Apr 25 May 25 Jun 25 Jul 25 Aug 25 Sep 25 Oct 25 Nov 25 Dec 25 Jan 26 Feb 26 Mar 26 Apr 26 May 26 Jun 26 Jul 26 Aug 26 Sep 26 Oct 26 Nov 26 Dec 26 Jan 27 Feb 27 A Client Costs 45,612,225 A1 Scoping 8,771,582 A2 Development 17,543,164 975 975 975 A2 Delivery 19,297,480 804 804 804 804 804 804 804 804 804 804 804 804 804 804 804 804 804 804 804 804 804 804 804 804 A2 Property - B Construction 175,431,635 B1 Contractor Construction Cost 155,631,635 6,485 6,485 6,485 6,485 6,485 6,485 6,485 6,485 6,485 6,485 6,485 6,485 6,485 6,485 6,485 6,485 6,485 6,485 6,485 6,485 6,485 6,485 6,485 6,485 B2 Client supplied materials and construction services 19,800,000 550 550 550 550 550 550 550 550 550 550 550 550 550 550 550 550 550 550 550 550 550 A + B Total Base Cost 221,043,860 C Risk & Contingency 117,153,246 808 808 808 4,155 4,155 4,155 4,155 4,155 4,155 4,155 4,155 4,155 4,155 4,155 4,155 4,155 4,155 4,155 4,155 4,155 4,155 3,863 3,863 3,863 3,863 3,863 3,863 ------A + B + C Total Project Cost (Current $) 338,197,106 2,333 2,333 2,333 11,993 11,993 11,993 11,993 11,993 11,993 11,993 11,993 11,993 11,993 11,993 11,993 11,993 11,993 11,993 11,993 11,993 11,993 11,152 11,152 11,152 11,152 11,152 11,152 ------D Escalation 47,194,524 272 278 283 1,488 1,518 1,548 1,578 1,608 1,639 1,664 1,690 1,716 1,741 1,767 1,793 1,819 1,844 1,870 1,896 1,922 1,948 1,834 1,857 1,879 1,902 1,924 1,947 ------A + B + C + D Total Project Cost (Out-turn $) 385,391,630 2,604 2,610 2,616 13,481 13,511 13,541 13,571 13,602 13,632 13,658 13,683 13,709 13,734 13,760 13,786 13,812 13,838 13,864 13,890 13,916 13,942 12,986 13,008 13,031 13,053 13,076 13,099 ------TRUE 2.71% 2.71% 2.71% 2.71% 2.71% 2.71% 2.71% 2.71% 2.71% 2.27% 2.27% 2.27% 2.27% 2.27% 2.27% 2.27% 2.27% 2.27% 2.27% 2.27% 2.27% 2.10% 2.10% 2.10% 2.10% 2.10% 2.10% 2.10% 2.10% 2.10% 2.10% 2.10% 2.10% 2.71% 2.71% 2.71% 2.71% 2.71% 2.71% 2.71% 2.71% 0.22% 0.22% 0.22% 0.22% 0.22% 0.22% 0.22% 0.22% 0.22% 0.19% 0.19% 0.19% 0.19% 0.19% 0.19% 0.19% 0.19% 0.19% 0.19% 0.19% 0.19% 0.17% 0.17% 0.17% 0.17% 0.17% 0.17% 0.17% 0.17% 0.17% 0.17% 0.17% 0.17% 0.22% 0.22% 0.22% 0.22% 0.22% 0.22% 0.22% 0.22% 11.65% 11.90% 12.15% 12.40% 12.65% 12.91% 13.16% 13.41% 13.66% 13.88% 14.09% 14.30% 14.52% 14.73% 14.95% 15.16% 15.38% 15.59% 15.81% 16.03% 16.25% 16.45% 16.65% 16.85% 17.05% 17.26% 17.46% 17.66% 17.87% 18.07% 18.28% 18.48% 18.69% 18.95% 19.22% 19.48% 19.75% 20.02% 20.28% 20.55% 20.82%

Option 3: Trackless Tram Transit - Long

Item Description Amount Year 5 Year 5 Year 5 Year 5 Year 5 Year 5 Year 5 Year 5 Year 5 Year 6 Year 6 Year 6 Year 6 Year 6 Year 6 Year 6 Year 6 Year 6 Year 6 Year 6 Year 6 Year 7 Year 7 Year 7 Year 7 Year 7 Year 7 Year 7 Year 7 Year 7 Year 7 Year 7 Year 7 Year 8 Year 8 Year 8 Year 8 Year 8 Year 8 Year 8 Year 8 Oct 23 Nov 23 Dec 23 Jan 24 Feb 24 Mar 24 Apr 24 May 24 Jun 24 Jul 24 Aug 24 Sep 24 Oct 24 Nov 24 Dec 24 Jan 25 Feb 25 Mar 25 Apr 25 May 25 Jun 25 Jul 25 Aug 25 Sep 25 Oct 25 Nov 25 Dec 25 Jan 26 Feb 26 Mar 26 Apr 26 May 26 Jun 26 Jul 26 Aug 26 Sep 26 Oct 26 Nov 26 Dec 26 Jan 27 Feb 27 A Client Costs 67,723,935 A1 Scoping 13,023,834 A2 Development 26,047,667 1,447 1,447 1,447 A2 Delivery 28,652,434 796 796 796 796 796 796 796 796 796 796 796 796 796 796 796 796 796 796 796 796 796 796 796 796 796 796 796 796 796 796 796 796 796 796 796 796 A2 Property - B Construction 260,476,673 B1 Contractor Construction Cost 220,476,673 6,124 6,124 6,124 6,124 6,124 6,124 6,124 6,124 6,124 6,124 6,124 6,124 6,124 6,124 6,124 6,124 6,124 6,124 6,124 6,124 6,124 6,124 6,124 6,124 6,124 6,124 6,124 6,124 6,124 6,124 6,124 6,124 6,124 6,124 6,124 6,124 B2 Client supplied materials and construction services 40,000,000 952 952 952 952 952 952 952 952 952 952 952 952 952 952 952 952 952 952 952 952 952 952 952 952 952 952 952 A + B Total Base Cost 328,200,608 C Risk & Contingency 183,792,341 1,344 1,344 1,344 4,409 4,409 4,409 4,409 4,409 4,409 4,409 4,409 4,409 4,409 4,409 4,409 4,409 4,409 4,409 4,409 4,409 4,409 4,409 4,409 4,409 4,409 4,409 4,409 3,875 3,875 3,875 3,875 3,875 3,875 3,875 3,875 3,875 3,875 3,875 3,875 - - A + B + C Total Project Cost (Current $) 511,992,949 3,743 3,743 3,743 12,281 12,281 12,281 12,281 12,281 12,281 12,281 12,281 12,281 12,281 12,281 12,281 12,281 12,281 12,281 12,281 12,281 12,281 12,281 12,281 12,281 12,281 12,281 12,281 10,796 10,796 10,796 10,796 10,796 10,796 10,796 10,796 10,796 10,796 10,796 10,796 - - D Escalation 76,411,746 436 446 455 1,523 1,554 1,585 1,616 1,647 1,678 1,704 1,730 1,757 1,783 1,809 1,836 1,862 1,889 1,915 1,942 1,968 1,995 2,020 2,045 2,069 2,094 2,119 2,144 1,907 1,929 1,951 1,973 1,995 2,017 2,046 2,074 2,103 2,132 2,161 2,190 - - A + B + C + D Total Project Cost (Out-turn $) 588,404,696 4,179 4,189 4,198 13,805 13,835 13,866 13,897 13,928 13,959 13,986 14,012 14,038 14,064 14,091 14,117 14,144 14,170 14,197 14,223 14,250 14,276 14,301 14,326 14,351 14,376 14,401 14,426 12,702 12,724 12,746 12,769 12,791 12,813 12,841 12,870 12,899 12,928 12,956 12,985 - - TRUE 2.71% 2.71% 2.71% 2.71% 2.71% 2.71% 2.71% 2.71% 2.71% 2.27% 2.27% 2.27% 2.27% 2.27% 2.27% 2.27% 2.27% 2.27% 2.27% 2.27% 2.27% 2.10% 2.10% 2.10% 2.10% 2.10% 2.10% 2.10% 2.10% 2.10% 2.10% 2.10% 2.10% 2.71% 2.71% 2.71% 2.71% 2.71% 2.71% 2.71% 2.71% 0.22% 0.22% 0.22% 0.22% 0.22% 0.22% 0.22% 0.22% 0.22% 0.19% 0.19% 0.19% 0.19% 0.19% 0.19% 0.19% 0.19% 0.19% 0.19% 0.19% 0.19% 0.17% 0.17% 0.17% 0.17% 0.17% 0.17% 0.17% 0.17% 0.17% 0.17% 0.17% 0.17% 0.22% 0.22% 0.22% 0.22% 0.22% 0.22% 0.22% 0.22% 11.65% 11.90% 12.15% 12.40% 12.65% 12.91% 13.16% 13.41% 13.66% 13.88% 14.09% 14.30% 14.52% 14.73% 14.95% 15.16% 15.38% 15.59% 15.81% 16.03% 16.25% 16.45% 16.65% 16.85% 17.05% 17.26% 17.46% 17.66% 17.87% 18.07% 18.28% 18.48% 18.69% 18.95% 19.22% 19.48% 19.75% 20.02% 20.28% 20.55% 20.82%

Option 3: Trackless Tram Transit - Short

Item Description Amount Year 5 Year 5 Year 5 Year 5 Year 5 Year 5 Year 5 Year 5 Year 5 Year 6 Year 6 Year 6 Year 6 Year 6 Year 6 Year 6 Year 6 Year 6 Year 6 Year 6 Year 6 Year 7 Year 7 Year 7 Year 7 Year 7 Year 7 Year 7 Year 7 Year 7 Year 7 Year 7 Year 7 Year 8 Year 8 Year 8 Year 8 Year 8 Year 8 Year 8 Year 8 Oct 23 Nov 23 Dec 23 Jan 24 Feb 24 Mar 24 Apr 24 May 24 Jun 24 Jul 24 Aug 24 Sep 24 Oct 24 Nov 24 Dec 24 Jan 25 Feb 25 Mar 25 Apr 25 May 25 Jun 25 Jul 25 Aug 25 Sep 25 Oct 25 Nov 25 Dec 25 Jan 26 Feb 26 Mar 26 Apr 26 May 26 Jun 26 Jul 26 Aug 26 Sep 26 Oct 26 Nov 26 Dec 26 Jan 27 Feb 27 A Client Costs 51,398,735 A1 Scoping 9,884,372 A2 Development 19,768,744 1,098 1,098 1,098 A2 Delivery 21,745,619 906 906 906 906 906 906 906 906 906 906 906 906 906 906 906 906 906 906 906 906 906 906 906 906 A2 Property - B Construction 197,687,442 B1 Contractor Construction Cost 167,687,442 6,987 6,987 6,987 6,987 6,987 6,987 6,987 6,987 6,987 6,987 6,987 6,987 6,987 6,987 6,987 6,987 6,987 6,987 6,987 6,987 6,987 6,987 6,987 6,987 B2 Client supplied materials and construction services 30,000,000 833 833 833 833 833 833 833 833 833 833 833 833 833 833 833 833 833 833 833 833 833 A + B Total Base Cost 249,086,176 C Risk & Contingency 139,488,259 1,082 1,082 1,082 4,887 4,887 4,887 4,887 4,887 4,887 4,887 4,887 4,887 4,887 4,887 4,887 4,887 4,887 4,887 4,887 4,887 4,887 4,420 4,420 4,420 4,420 4,420 4,420 ------A + B + C Total Project Cost (Current $) 388,574,435 3,013 3,013 3,013 13,613 13,613 13,613 13,613 13,613 13,613 13,613 13,613 13,613 13,613 13,613 13,613 13,613 13,613 13,613 13,613 13,613 13,613 12,313 12,313 12,313 12,313 12,313 12,313 ------D Escalation 53,877,676 351 359 366 1,688 1,723 1,757 1,791 1,826 1,860 1,889 1,918 1,947 1,976 2,006 2,035 2,064 2,094 2,123 2,152 2,182 2,212 2,025 2,050 2,075 2,100 2,125 2,150 ------A + B + C + D Total Project Cost (Out-turn $) 442,452,111 3,364 3,372 3,379 15,302 15,336 15,370 15,404 15,439 15,473 15,502 15,531 15,560 15,590 15,619 15,648 15,677 15,707 15,736 15,766 15,795 15,825 14,338 14,363 14,388 14,413 14,438 14,463 ------TRUE 2.71% 2.71% 2.71% 2.71% 2.71% 2.71% 2.71% 2.71% 2.71% 2.27% 2.27% 2.27% 2.27% 2.27% 2.27% 2.27% 2.27% 2.27% 2.27% 2.27% 2.27% 2.10% 2.10% 2.10% 2.10% 2.10% 2.10% 2.10% 2.10% 2.10% 2.10% 2.10% 2.10% 2.71% 2.71% 2.71% 2.71% 2.71% 2.71% 2.71% 2.71% 0.22% 0.22% 0.22% 0.22% 0.22% 0.22% 0.22% 0.22% 0.22% 0.19% 0.19% 0.19% 0.19% 0.19% 0.19% 0.19% 0.19% 0.19% 0.19% 0.19% 0.19% 0.17% 0.17% 0.17% 0.17% 0.17% 0.17% 0.17% 0.17% 0.17% 0.17% 0.17% 0.17% 0.22% 0.22% 0.22% 0.22% 0.22% 0.22% 0.22% 0.22% 11.65% 11.90% 12.15% 12.40% 12.65% 12.91% 13.16% 13.41% 13.66% 13.88% 14.09% 14.30% 14.52% 14.73% 14.95% 15.16% 15.38% 15.59% 15.81% 16.03% 16.25% 16.45% 16.65% 16.85% 17.05% 17.26% 17.46% 17.66% 17.87% 18.07% 18.28% 18.48% 18.69% 18.95% 19.22% 19.48% 19.75% 20.02% 20.28% 20.55% 20.82%

F2011 NSTC Concept Design Options v03 Escalation Page 2 of 2