Victoria shortlists two bidders for Ravenhall Prison PPP project
Date
October 11, 2013
Subscribe to our newsletter and get the latest news and business opportunities in your inbox
The Victorian Coalition Government has announced today that two consortia have been shortlisted to tender for the new Ravenhall Prison PPP project in Melbourne's West.
Consortia were shortlisted at the end of evaluations of the Expressions of Interest received.
The shortlisted respondents are:
- Geo Consortium: GEO Group Australia, John Holland, Honeywell and Capella Capital.
- SecurePathways: John Laing Investments, Serco Australia, Baulderstone and Macquarie Capital Group.
Over coming months, these respondents will be issued with a Request for Proposal, requiring them to detail how they would deliver the project and at what cost. Proposals will be due mid next year, and the contract will be awarded before the end of 2014. Construction of the new prison will begin in 2015, with completion due at the end of 2017.In the 2013-14 Victorian State Budget, the government announced more than A$131.5 million in funding for 357 extra prison beds and a major expansion of Victoria's high-security prison facilities. This is in addition to the A$670 million announced in last year's budget for the Ravenhall prison and an additional 395 beds at existing prisons.The Ravenhall prison will expanded to accommodate 1,000 prisoners.
List of country news
Country news
-
-
October 16, 2013
Pre-registration opens for Sydney light rail PPP project
New South Wales has announced that Transport for NSW will shortly invite suitably qualified organisations to participate in an Expression of Interest (EOI) to undertake the finance, design, construction, operation and maintenance of a new light rail system for the CBD and south east Sydney and the operation and maintenance of the Inner West Light Rail (Central Station to Dulwich Hill). The project is to be delivered as a Public Private Partnership (PPP). Read more -
October 21, 2013
David Stewart appointed as Director General of Transport for NSW
Last week David Stewart, currently head of Projects Queensland and a former Director General of the Queensland Department of Transport and Main Roads, was appointed as Director General of Transport for NSW. Read more -
October 23, 2013
IFM changes its name and opens Japan office
Industry Funds Management (IFM), fund manager specialized in infrastructure, has changed its name to IFM Investors. Read more -
October 25, 2013
Non-Executive Chairman for Australian investment advisor Infradebt
Infradebt, the company recently created by the cofounder of Access Capital, Alexander Austin, has appointed former UniSuper chief executive Terry McCredden as non-executive chairman of the company. Read more -
October 25, 2013
Australia's Future Fund increases infrastructure allocation to 8 %
The Australian Government Future Fund has increased its infrastructure allocation during the 12 months to 30 September. The Future Fund's allocation to infrastructure increased by 2.1 percentage points to 8 % over the year to 30 September 2013. Read more
