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Development Rights for 99 Year Leasehold of Site 8C - CAP0420

Contract Award Notice ID CAP0420
Publish Date 17-Feb-2014
Category Lease and rental of property or building
Agency Sydney Olympic Park Authority
Particulars of the goods or services to be provided under this contract

Development of 6 storey commercial office building & execution of a 99-year lease upon completion

Contract Duration 30-May-2013 to 30-May-2114

Contract Award Notice Details

Contractor Name FDC Construction & Fitout
Trading Name SOP 8C Unit Trust
ACN 120295034
ABN 44 911 844 638
Is an Aboriginal or Torres Strait Islander owned business No
Street Address 22-24 Junction Street
Town/City Forest Lodge
State/Territory NSW
Postcode 2037
Country AUSTRALIA


Other private sector entities involved in, with an interest in or benefiting from this contract

Not Applicable

Estimated amount payable to the contractor (including GST)

$2,100,000.00 (Real property leased)

Any provisions for payment to the contractor for operational or maintenance services

Not Applicable

Method of Tendering

Limited

Description of any provision under which the amount payable to the contractor may be varied

Not Applicable

Description of any provisions under which the contract may be renegotiated

Not Applicable


Summary of the criteria against which the various tenders were assessed

Evaluation Criteria Weighting

Financial Returns & Financial Risk

100
Contract Contains Agency 'PiggyBack' Clause

No


Industrial Relations Details for this Contract
Name of Sub-contractors (incl. ABN & ACN)

Not Applicable

Applicable Industrial Instruments

Not Applicable

Location of Work

Not Applicable

NSW Industrial Relations inspectors routinely audit the employment records of contractors and sub-contractors to all NSW Government contracts. The results of these inspections are published on the NSW Industrial Relations website.

Agency Contact Ben Woods

Street Address Level 1 8 Australia Avenue

Town/City Sydney Olympic Park

State/Territory NSW

Postcode 2127

Country AUSTRALIA

Phone Number 02 9714 7538


Particulars of future transfers of assets to the State, at zero or nominal cost to the State, including the date of their transfer

Not Applicable

Particulars of future transfers of assets to the contractor including the date of their transfer

Not Applicable

The results of any cost-benefit analysis of the contract conducted by the agency

Not Applicable

The components and quantum of the public sector comparator if used

Not Applicable

If relevant, a summary of information used in the contractor's full base case financial model (for example, the pricing formula for tolls or usage charges)

Not Applicable

If relevant, particulars of how risk, during the construction and operational phases of a contract to undertake a specific project (such as construction, infrastructure or property development), is to be apportioned between the parties, quantified (where practicable) in net present-value terms and specifying the major assumptions involved

Not Applicable

Particulars as to any significant guarantees or undertakings between the parties, including any guarantees or undertakings with respect to loan agreements entered into or proposed to be entered into

Not Applicable

Particulars of any other key elements of the contract

This contract is the result of an option included in CAP0308 (Site 8B RFDP).