I’ve been trying to get a sense of how long Rio’s ‘early contract involvement’ agreements usually last.
...have only been able to find this example from 2012 ; https://www.insideconstruction.com.au/site/news/1027582/abigroup-secures-rio-contracts
If it’s enough to draw parallels from ( a long bow?) then perhaps a formal contract will be announced six months from the ECI around 1/11/2018?
The article notes Abigroup, then a division of Lendlease and now subsumed into that entity, won rail and associated civil works contracts at Cape Lambert ..
“The project will include the duplication of approximately 60km of Rio’s existing Cape Lambert to Emu railway formation including bulk earthworks, drainage works, two rail bridges, new access roads and associated works, as well as upgrading Rio’s existing Emu siding facilities.”
...
“The announcement follows a six-month early contractor involvement phase that saw Abigroup work with Calibre Global and Rio to refine the project scope. “
Further info on that particular past project here:http://www.miningnews.net/leadership/news/1222935/rio-awards-rail-contract the story notes that contract was for 18 months and worth $83 million.
(Kooaideri construction is scheduled to begin in 2019 and be completed 2021)
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