GIPA - Access to Information

Contract Information Class 1

Reference Number 999/004/611
Amount Payable Greater than $150,000.00
As per Item 5 of the Lease Reference schedule
Effective Date 05/09/2013
Completion Date 03/09/2023
Name and business address of the contractor
The Council of Sutherland Shire - 4-20 Eton Street SUTHERLAND NSW 2232
Particulars of the project to be undertaken, the goods or services to be provided or real property to be leased/transferred UOW is leasing part of the building at Lot 1 DP1064223 known as 'Suite 1' for University related uses including offices and classrooms
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 Any amount equivalent to 10% of any rents received by the Tenant pursuant to any sublease or licence payable to the Landlord within 14 days of being received by the Tenant. Refer to Memorandum of Understanding and Operational Agreement
Can the contract be renegotiated? Yes
Renegotiation Clauses Any amendments to the MOU must be agreed upon by both parties in writing.
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. N/A
Have there been any significant guarantees or undertakings between the parties? No
Other Key Elements Option of Renewal for an additional 10 years terminating on 3 September 2032