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
|
| 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 |



