# Tasmanian Government Advances Macquarie Point Stadium Procurement

The Tasmanian Government has received the first round of tenders for the Macquarie Point stadium project in Hobart, with two shortlisted bidders submitting stage-one bids. The main construction contract, originally budgeted at A$1.13 billion, is expected to be awarded by the end of 2026. Confidential reports indicate that bids may exceed the initial budget by at least A$250 million, though no official revision has been announced. Preparatory works, including bulk excavation by Hazell Bros, are ongoing and scheduled through mid-2027. Key government stakeholders include the Macquarie Point Development Corporation and the Tasmanian Government, with federal infrastructure support from the Australian Government Department of Infrastructure, Transport, Regional Development and Local Government.

- **Why this matters:** The potential budget increase signals rising construction costs and market confidence, impacting procurement planning and contract negotiations.
- Procurement professionals should anticipate adjustments in project scope, cost management, and risk allocation as the main contract award approaches.
- Contractors and bidders can evaluate the competitive landscape shaped by shortlisted firms Besix Watpac and the Constructure Joint Venture (including Webuild, China Construction Oceania, and McConnell Dowell).
- Ongoing preparatory contracts, such as those with Hazell Bros, highlight opportunities in early-stage construction services ahead of the main contract award.

**Jurisdictions:** sled
**Industries:** Construction & Infrastructure
**Topics:** Physical Infrastructure
**Published:** September 18, 2026

### Government Entities
- Macquarie Point Development Corporation (MPDC)
- Australian Government Department of Infrastructure, Transport, Regional Development and Local Government
- Tasmanian Parliament Public Accounts Committee
- Tasmanian Government

### Vendors
- Besix Watpac (shortlisted bidder)
- Constructure Joint Venture (shortlisted bidder)
- Webuild (member of Constructure JV)
- China Construction Oceania (member of Constructure JV)
- McConnell Dowell (member of Constructure JV)

### Key Quotes
> The shortlist showed strong market confidence.
> — Eric Abetz, Minister for Macquarie Point Urban Renewal

> Turning vision into reality.
> — Jeremy Rockliff, Tasmanian Premier

### Sources
- [Macquarie Point stadium tenders land amid rising cost estimates](https://streamlinefeed.co.ke/news/macquarie-point-stadium-tenders-land-amid-rising-cost-estimates) - streamlinefeed.co.ke