Contract Information Class 1 | |
Reference Number | UOW230601A |
Amount Payable | $735,306.00 |
Effective Date | 08/01/2024 |
Completion Date | 29/11/2024 |
Name and business address of the contractor |
CMG Audio & Visual Touring - Commercial Centre 22, 23/6 Bellambi Lane Bellambi NSW 2518 Australia
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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 | Goods - Hire of AV equipment, staging, draping as per attached invoice. Services - Installation, provision of show directing, calling and Graduation bump in and out as per attached invoice. |
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 | Clause 4 - Renegotiation of labour and length of hire of equipment dependent on number of Graduation ceremonies delivered within a Graduation period. |
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 | |
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 | Efficiency of human resources, cost of purchasing as opposed to hiring. Determined this will be revisited for 2025 - status quo maintained for 2024. |
Was a public sector comparator used? | No |
Did the contractor provide a base case financial model? | No |
If relevant, provide details of how risk is to be apportioned between the parties. | Guided by the Master Supply Agreement- in favour of UOW |
Have there been any significant guarantees or undertakings between the parties? | No |
Other Key Elements | N/A |