Contract Information Class 1 | |
Reference Number | 999/005/404 |
Amount Payable | $865,736.00 |
Effective Date | 07/12/2012 |
Completion Date | |
Name and business address of the contractor |
UniQuest Pty Ltd - Lvl 7, GP South Building,Staff House Road University of Queensland ST LUCIA QLD 4072
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Particulars of the project to be undertaken, the goods or services to be provided or real property to be leased/transferred | UniQuest has requested UOW to undertake a Research Program which includes the development of a working cell that achieves required targets as per the requirements of the Research Program. |
Details of any related body corporate or private sector entity who will be involved in carrying out any of the contractor’s obligations or receive a benefit. | |
Are there any provisions under which the amount payable may be varied? | Yes |
Amount Payable Variation Clauses | UniQuest may request variations to the Research Program. Upon receipt of a written variation request from UniQuest, UOW shall inform UniQuest in writing of any time, money or other implications arising from the request |
Can the contract be renegotiated? | Yes |
Renegotiation Clauses | No variations to this Agreement shall be binding upon the parties unless that variation is in writing and signed by all the parties to this Agreement. |
Did the contract involve a tender process? | No |
Description of any provisions under which the contractor is to receive payment for providing operational or maintenance services | |
Contract Information Class 2 | |
Is there a transfer of significant assets to the State? | No |
Is there a transfer of significant assets to the contractor? | No |
Has any cost-benefit analysis been undertaken by UOW? | No |
Was a public sector comparator used? | N/A |
Details | N/A |
Did the contractor provide a base case financial model? | N/A |
Details | N/A |
If relevant, provide details of how risk is to be apportioned between the parties. | NA |
Have there been any significant guarantees or undertakings between the parties? | No |
Other Key Elements | NA |