Queensland’s population is forecast to increase significantly over the next 10 years, with the majority of this population growth expected to occur in South-East Queensland.
Department of Education and Training
Plenary Schools consortium
Availability payment public-private partnership
Privately financed, with government contribution
2015 – 2019
30 years from 2015
The Department of Education and Training (DET) engaged the Treasury Commercial group to procure eight primary schools and two secondary schools in rapidly developing areas in South-East Queensland, along with the maintenance of the schools for a 25-year period.
Plenary Schools consortium was appointed to design, construct, commission, maintain and provide facilities management services for the schools until 2043. They will receive a payment, subject to performance, over the life of the contract.
This public private partnership approach to the delivery of the schools transferred delivery to the provider and an incentivised payment structure provided DET the confidence of an on-time delivery and maintenance standard. Bundling the construction and maintenance of multiple schools rather than procuring them separately, achieved value for money through better economies of scale.
Director of the Plenary Group, Ray Wilson
“Treasury Commercial group undertook a highly interactive bid process which ensured that proponents understood the state’s requirements for design, delivery, maintenance and whole-of-life considerations. Consequently, the Plenary Schools consortium was able to submit a finely honed bid, resulting in financial close within three months from the lodgement of bids – an exemplary outcome for a project of this scale.”