GIPA - Access to Information

Contract Information Class 1

Reference Number 1998/ITS1
Amount Payable Greater than $150,000.00
This is a rolling contract. The total amount payable depends on the number of pieces of equipment leased through the Macquarie Bank and depends on UOW requirements for desktops, laptops and peripherals. Estimated expenditure for 2015 - $3,500,000
Effective Date 01/01/1998
Completion Date
Name and business address of the contractor
Macquarie Bank Ltd - FORREST ACT 2603
Particulars of the project to be undertaken, the goods or services to be provided or real property to be leased/transferred Macquarie Bnnk Ltd is providing the University with desktop and laptop computer hardware and peripherals, under lease arrangement through a Master Equipment Rental Agreement.
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 The amount payable is dependent on the total pieces of equipment purchased/returned, as well as the term of the lease, through the lease agreement based on UOW needs.
Can the contract be renegotiated? Yes
Renegotiation Clauses No waiver, amendment or consent with respect to any lease document, shall bind either party unless in writing and signed by both parties
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 N/A

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? Yes
Cost Benefit Analysis Results Macquarie Bank is currently providing the best value lease arrangements
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. UOW must notify Macquarie Bank within 30 days if goods are lost, destroyed or damaged. All goods must be returned to Macquarie Bank in a saleable quality. Additional charges may apply for return of damaged goods.
Have there been any significant guarantees or undertakings between the parties? No
Other Key Elements N/A