The Crisafulli government has claimed the Cross River Rail project cost has blown out by another $2 billion in the past 10 months – an increase it blamed on the Labor Party, which has been in opposition over that period of time.
During ministerial statements in state parliament this morning, Transport Minister Brent Mickelberg – who last December put a $17 billion price tag on the project – said “extensive negotiations with contractors” had resulted in a revised total cost of $19.04 billion.
It was a far cry from the former Labor government’s $5.4 billion cost, but by the LNP government’s own admission the new figure included additional work throughout the train network that had not initially been included in Cross River Rail’s line-item costs.
“Our government has also made it clear that contractors would be held to account for their performance,” Mickelberg told parliament.
“That’s why there are now elements of funding conditional on exceptional performance, and contractors meeting major milestones on time. If they don’t deliver, they won’t get paid.”
Brisbane Times has asked Mickelberg’s office for a full rundown of its $19.04 billion estimate. Comment was also sought from Labor.