Contract Award Notice Details
Contractor Name VENTIA AUSTRALIA PTY LTD
ACN 093114553
ABN
11 093 114 553
Is an Aboriginal or Torres Strait Islander owned business No
Street Address Level 8 80 Pacific Highway
Town/City NORTH SYDNEY
State/Territory NSW
Postcode 2060
Country AUSTRALIA
Other private sector entities involved in, with an interest in or benefiting from this contract
ICD (Asia Pacific) Pty. Ltd ? subconsultant to (and subsidiary of) Ventia
Estimated amount payable to the contractor (including GST)
$32,000,000.00 (A project to be undertaken)
Any provisions for payment to the contractor for operational or maintenance services
The contract is for provision of asset management, operation and maintenance services
Description of any provision under which the amount payable to the contractor may be varied
The Deed contains clauses which:
? allow Transport for NSW to:
o order and pay for Additional Services and Reimbursable Services necessary to satisfactorily complete the contract; and
o direct changes to the Services, including to omit certain Services from the scope and for Change of Use Projects; and
? may adjust the AM Services Payment to account for changes in design, performance under Key Performance Indicator and Power Usage Adjustment regimes and for Lane Rental Fees incurred by the Asset Manager
Description of any provisions under which the contract may be renegotiated
Nil
Summary of the criteria against which the various tenders were assessed
Evaluation Criteria |
Weighting |
Assessment based on value for money after consideration of tender evaluation criteria |
|
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.
Particulars of future transfers of assets to the State, at zero or nominal cost to the State, including the date of their transfer
Nil
Particulars of future transfers of assets to the contractor including the date of their transfer
Nil
The results of any cost-benefit analysis of the contract conducted by the agency
Tender represents the best value for money, based on the comparison of tenders received and their relative worth
The components and quantum of the public sector comparator if used
Nil
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)
Nil
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
Nil
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
Parent Company Guarantee
Particulars of any other key elements of the contract
Nil
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?
Refer to accompanying explanatory table
If yes to the above, is it intended that the contract or those provisions be published at a later date, and if so, when?
Refer to accompanying explanatory table
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
Refer to accompanying explanatory table