Zero Emission Buses is a multi-billion dollar program to transition the state’s 8000+ diesel and natural gas public transport buses to zero emissions technology. The program will be delivered in stages to allow local industry time to prepare, and technology advancements to be assessed and adopted along the way. Under the Zero Emission Buses Transition Plan, the transition will be complete in Greater Sydney by 2035, in Outer Metropolitan regions by 2040, and in Regional NSW by 2047.
IAG were engaged as the Commercial and Transaction Advisor for the first stage, which will involve the upgrade of depots across Greater Sydney, charging solutions, grid upgrades, power solutions, lifecycle management and procurement of over 1200 electric buses.
IAG embedded resources with the Transport for New South Wales project team to develop and manage pre-delivery commercial and transaction activities including program development and stakeholder engagement, overall procurement preparation, development of commercial principles, market interactions and overall strategy and delivery.
Key services provided by our people
- Market Strategy and Transaction advisory
- Commercial advisory
- Risk and opportunity management
- Contract management and negotiation