Peninsula Link (Frankston Bypass) is a freeway that completes the missing sections of the Mornington Peninsula Freeway, running from the EastLink interchange at Seaford, Melbourne, running along the eastern fringe of Frankston. It runs via Baxter and Moorooduc, almost parallel to the existing arterial Moorooduc Highway. It was opened on 18 January 2013.
The project is a Public Private Partnership (PPP) managed by the Linking Melbourne Authority (formerly SEITA) and delivered by private sector partner Southern Way, with the State Government providing quarterly payments for delivery under an availability model, with no charges to motorists. The contract with Southern Way to design, construct and finance the freeway was signed in January 2010, with a total project delivery cost for the two parties being $759 million. Construction commenced in February 2010, with completion expected in early 2013, with Southern Way to operate and maintain the freeway for the next 25 years. The Victorian Parliament enacted legislation, the Road Management Amendment (Peninsula Link) Act 2012 in November 2012 to confer rights on the private operator to manage and maintain the road.
Read more about Peninsula Link: Major Incidents, Public Private Partnership, Exits and Interchanges
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