Transport Infrastructure Contract – Target Project Cost (TIC-TPC) is a new contract which has been developed to collaboratively engage suppliers in a formal tendering process with urgency to award and act on delivering the project on the ground. The TPC’s delivery model is design and construct and is suited for projects with low to medium complexity / risk scope of works. Ideal project scenarios for the TPC include accelerated partially designed works as well as disaster / emergent works. Tender packaging includes an Initial Project Instruction to contract award with scope for other Project Instructions based on performance. The contract has flexibility for cost reimbursable and / or a commercial framework with gain / pain share model to incentivise the contractor. To date, the TIC-TPC has been trialled four times in two different Regions with documented learnings to successfully deliver future projects.
A New Way Forward for Tunnel Condition Assessments
Tunnel structural condition inspections and asset component reporting have traditionally been conducted manually. This process can be expensive, time-consuming and with inconsistent data capture leading