Project procurement and advisory
Queensland Treasury’s Commercial Group provides commercial advice to government on a range of projects and leads the commercial negotiations for the procurement of major commercial projects. We do this to ensure the Government achieves the best outcomes and best value-for-money for the State in its dealings with the private sector.
Projects we are involved in
Queensland Treasury is procuring a mixed use redevelopment, which will include a specialist rehabilitation and ambulatory care centre, on a five hectare site in the heart of Brisbane.
This $100 million proposal for a mega cruise ship terminal at the mouth of the Brisbane River is being assessed by Queensland Treasury under its market-led proposal framework, and if approved, could add as much as $1 billion in gross output annually to the Queensland economy by 2036.
Queensland Treasury is working with car parking developer International Parking Group which has used the market-led proposal framework to propose it finance and construct two multi-level car parks offering 1,500 bays in return for an extension of its existing contract.
Treasury’s Commercial Group, working closely with the Department of Transport and Main Roads, has assured the State the best possible technical and financial outcome with procurement of the $1.6 billion Toowoomba Second Range Crossing.
Valued at more than $1 billion, Treasury Commercial Group has minimised investment and risk for government by securing 100 per cent private funding for this landmark project.
On behalf of Queensland’s public safety authorities, Queensland Treasury procured a cutting edge wireless network worth $651.8 million to improve cross agency communication and help keep people safe.
In a deal worth $4.4 billion, Queensland Treasury has helped to future proof Brisbane’s train network with the procurement of 75 new six-car train sets and associated maintenance.
With the State’s growing population, Queensland Treasury procured the construction and maintenance of 10 schools to capitalise on economies of scale and maximise value for money.