ARTC Inland Rail: Program Commercial Management

Client: Australian Rail Track Corporation (ARTC)
Location: Metropolitan Sydney
Duration: October – November 2016
Project Value: $10billion
Roles: Financial modelling, Commercial management, Cashflow forecasting, Dashboard reporting, Contract management

In May 2016, the Australian Government announced that it will build Inland Rail through ARTC and private sector partnerships, and committed an additional $594 million in equity funding to ARTC to progress the Inland Rail Programme.

InfraSol provided support to project managers with a total cost profile of over $1bn. This support included:

Setting up a detailed cost breakdown structure in the financial system to capture project expenditures for asset capitalisation and benchmarking purposes

Maintaining complete and accurate project financial records, and conducting financial analysis to monitor performance

Understanding the contractual requirements to track variations and outstanding commitments

Utilising the works program for efficient and accurate monthly cash flow forecasting.

Our personnel were also key members of a series of improvement projects, such as:

Dashboard reporting to track KPI performance

Developing monthly Board Reports

Scenario modelling and demand growth assumptions

Streamlining the reports provided to other divisions for productivity improvements.

Key Outcomes

Financial evaluation of various options for the Budget Submission including revenue projections, NPV and IRR
An Overhead Allocation Model to assist in the regulatory pricing process