Contract Information Class 1 | |
| Reference Number | OLG/UOW Licence and Services Agreement |
| Amount Payable | $1,074,250.00 |
| Effective Date | 07/06/2021 |
| Completion Date | 07/06/2029 |
| Name and business address of the contractor |
Open Learning Global Pty Ltd - Level 2 235-239 Commonwealth Street Surry Hills NSW 2010 Australia
|
| Particulars of the project to be undertaken, the goods or services to be provided or real property to be leased/transferred | Licence to use the OLG online platform |
| 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? | No |
| Can the contract be renegotiated? | Yes |
| Renegotiation Clauses | Cl2 Term; Cl9 Termination |
| Did the contract involve a tender process? | Yes |
| Tendering Method | Single vendor procurement |
| Tendering Criteria | Potential vendors assessed against business requirements, system functionality |
| 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? | No |
| 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. | |
| Have there been any significant guarantees or undertakings between the parties? | No |
| Other Key Elements | |



