Contract Information Class 1 | |
Reference Number | LSU1094 |
Amount Payable | Greater than $150,000.00 Total rent estimated at $652,132.50. Lease based on 4x5 year leases |
Effective Date | 01/12/2017 |
Completion Date | 31/01/2037 |
Name and business address of the contractor |
Optus Mobile Pty Ltd - PO Box 888 NORTH RYDE NSW 1670
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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 | UOW Innovation Campus is leasing premises for Optus Mobile phone tower/antennae and cabling for telecommunication operations and associated services on the rooftop of Enterprise 1. |
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 | Annual rental increased by 4% per annum |
Can the contract be renegotiated? | No |
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? | 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 | N/A |