Contract Award Notice Details
Contractor Name NSW Electricity Networks Operations Pty Limited as trustee for NSW Electricity Networks Operations Trust
Trading Name Transgrid
ACN 609169959
ABN
70 250 995 390
Is an Aboriginal or Torres Strait Islander owned business No
Street Address Level 1 180 Thomas Street
Town/City Sydney
State/Territory NSW
Postcode 2000
Country AUSTRALIA
Other private sector entities involved in, with an interest in or benefiting from this contract
Estimated amount payable to the contractor (including GST)
$19,800,000.00 (Goods or services supplied)
Any provisions for payment to the contractor for operational or maintenance services
If Transgrid fails to meet performance deliverables, they will not receive payments under the Deed.
Variations to scope or costs of PDD services are covered under clause 7.3 of the Deed.
Description of any provision under which the amount payable to the contractor may be varied
Description of any provisions under which the contract may be renegotiated
Contract Contains Agency 'PiggyBack' Clause
Industrial Relations Details for this Contract
Name of Sub-contractors (incl. ABN & ACN)
Applicable Industrial Instruments
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.
Street Address
20 Bond Street
Particulars of future transfers of assets to the State, at zero or nominal cost to the State, including the date of their transfer
Particulars of future transfers of assets to the contractor including the date of their transfer
The results of any cost-benefit analysis of the contract conducted by the agency
The components and quantum of the public sector comparator if used
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)
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
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
Particulars of any other key elements of the contract
A web site address which provides direct access to the complete contract less confidential information
Has the contract or any provisions within it been withheld from this disclosure under the exemptions provisions of the GIPA Act Section 32? (YES or NO)
Yes
If yes to the above, what are the reasons why the contract, or provisions therein, have not been provided?
Sensitive commercial information has been redacted from the Deed to maintain commercial in-confidence.
If yes to the above, is it intended that the contract or those provisions be published at a later date, and if so, when?
Please refer to the confidentiality provisions under clause 21 of the Deed.
If yes to the above, when some but not all provisions of the contract have been published, a general description of the types of provisions that have not been provided
