<p>Lend Lease and Macquarie Bank have been compensated $4m for their work on the scrapped Bondi Beach rail extension.</p> <p>The New South Wales Government blocked the project because of concerns about financial viability.</p> <p>Last week treasurer Michael Egan announced the consortium would be paid for the extensive work it conducted.</p> <p>The payment is conditional on government planners being given access to key engineering and structural studies. This work will help with construction of an $87m turnback at Bondi Junction.</p> <p>Under the deal, the consortium will also get first right of refusal if the $247m 3.2-km link goes ahead in the next five years.</p> <br />
