Contractors can now submit a Request for Proposal (RFP) for the Midland Station METRONET relocation project.
The METRONET project will include decommissioning and demolishing the 52-year-old Midland Station and building a modern new facility between Helena Street and Cale Street.
The new station's location will improve the local area through the construction of new forecourts and create space for future developments.
The alliance contract is expected to be awarded in mid-2021.
Federal Minister for Population, Cities and Urban Infrastructure Alan Tudge said the Morrison Government had invested more than $2.3 billion into METRONET.
"We have backed METRONET from the beginning and now it's taking shape across Perth and the metropolitan area," Mr Tudge said.
"We are seeing activity ramp up at a time when WA needs infrastructure spending to boost the economy and create jobs as we come out of COVID-19."
Western Australian Transport Minister Rita Saffioti said the new Midland Station was a McGowan Government election commitment.
"For many years now we have focused on reinvigorating Midland into a thriving commercial and residential centre, and a new Midland Station will be a big part of that," Ms Saffioti said.
"This project will help support the Western Australian economy through COVID-19 while also ensuring we are building the infrastructure needed for tomorrow.
"This year alone we have seven METRONET projects under construction creating thousands of local jobs and opportunities for small local businesses with another three projects, including this one, now in procurement phase."
Federal Member for Hasluck, the Hon Ken Wyatt AM MP said the new Midland Station will make a significant difference for local residents.
"The new station will make it easier for people coming from the hills and foothills to access the rail line," Mr Wyatt said.
"This will make a big difference for all members of our community, especially those who use public transport to get to work or school.
"The $2.3 billion investment by the Morrison Government has enabled all levels of Government to work together on developing the future of our local infrastructure.
"By investing in our local infrastructure, we are unlocking the eastern corridor to support tourism and local development opportunities.
"This is another project delivered by the Morrison Government to ensure residents in Hasluck and the surrounding communities are getting home sooner and safer."
State Member for Midland Michelle Roberts said she was pleased to be delivering on one of her key election commitments.
"This new, more centralised location will improve the area's connectivity and bring the station closer to both the Midland Gate Shopping Centre and Midland Health Campus," she said.
"Midland will have a modern new station together with new community forecourts and options for future mixed-use developments."
Transport Minister's office - 6552 5500