Contract Information Class 1 | |
Reference Number | PUR100522740, PUR100522742, PUR100525406, PUR100527804, PUR100527805, PUR100527806, PUR100527807, PUR100527808, PUR100527809 and PUR100527810 |
Amount Payable | Greater than $150,000.00 Contract value greater than $150,000. Estimated value of works $1,574,000 |
Effective Date | 08/05/2024 |
Completion Date | 30/11/2025 |
Name and business address of the contractor |
Lowa Energy Solutions - 60 Holbeche Road Arndell Park NSW 2148 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 | LED Lighting Replacement Program for various buildings on Wollongong Campus |
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 | No Clauses - Under PO T&Cs |
Can the contract be renegotiated? | Yes |
Renegotiation Clauses | No Clauses - Under PO T&Cs |
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? | No |
Did the contractor provide a base case financial model? | Yes |
Details | Financial reporting for existing costs and projected savings for electricity & maintenance costs across all buildings |
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 | N/A |