GIPA - Access to Information

Contract Information Class 1

Reference Number FMD2024_096
Amount Payable Greater than $150,000.00
Estimated contract value $26,411,929.50 incl GST, price dependent on supply & billing rates
Effective Date 23/10/2024
Completion Date 31/12/2027
Name and business address of the contractor
Momentum Energy Pty Ltd - PO Box 353 Flinders Lane VICTORIA 3000 Australia
Particulars of the project to be undertaken, the goods or services to be provided or real property to be leased/transferred LARGE MARKET ELECTRICITY SUPPLY
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 Dependent on changes in sites & billing rates, refer relevant Clauses in contract.
Can the contract be renegotiated? Yes
Renegotiation Clauses Changes to Greenpower Schedule, refer Clauses in contract.
Did the contract involve a tender process? Yes
Tendering Method Selected Tender Invitation
Tendering Criteria Price and Capability for retailers to accommodate a Virtual Energy Network and sourcing of Green Power. Expected consumption levels, budgets & certainty of supply.
Description of any provisions under which the contractor is to receive payment for providing operational or maintenance services N/A