The Victorian Government announced on April 5th that Exemplar Health, the consortium formed by Capella Capital, Lend Lease, Siemens and Spotless Services, has been selected as preferred bidder to deliver the new Bendigo Hospital under a Public Private Partnership contract.

The Exemplar Health consortium will work with the Victorian State Government to enter into a A$630 million PPP to design, construct, maintain and finance the project. Lend Lease and Siemens will invest 50 % of the equity  for the project.

The other team shortlisted in February 2012, in the final stage of the tender process, was Intercare comprising John Laing, Theiss, Royal Bank of Scotland and Theiss Services.

The new Bendigo Hospital will feature 372 in-patient beds, 10 operating theatres, an integrated cancer centre, a mental health unit and a helipad in addition to a mix of commercial developments. The works include a new hospital in addition to some minor refurbishment of heritage buildings.

Source: Lend Lease