CIMIC Group company CPB Contractors, in a joint venture with Downer, has been selected by the NSW Government to deliver the Warringah Freeway Upgrade. The Incentivised Target Cost style contract has a total value of AUD 1.18 billion and will generate revenue of approximately AUD 800 million for CPB Contractors. The agreement allows for extensive collaboration between the contractors and the State, supporting better outcomes for all parties. The project will reduce congestion and simplify the complex road corridor. The project involves upgrading approximately four kilometres of the Warringah Freeway and associated works, including a dedicated bus lane and active transport links for cyclists and pedestrians. Main work will start early next year and is expected to take approximately five years to complete, subject to the detailed design and construction program.