EOI for property management services at key Sydney Harbour precincts

Property NSW today called for Expressions of Interest from the private sector to provide integrated property management services at NSW Government-owned property holdings in key Sydney Harbour precincts including The Rocks and Darling Harbour.

CEO of Property NSW, Brett Newman, said an outsourced, integrated contract to manage the property portfolio would deliver better value for the NSW Government and taxpayers.

“Engaging a private-sector service provider will deliver greater transparency, value and accountability across the property portfolio,” Mr Newman said.

“The private sector has a proven track record of delivering these services and we look forward to receiving proposals from the industry’s best operators.”

A core requirement of the new contract will be the provision of a best-practice technology platform, which will give Property NSW greater access to detailed data collection to help improve how the properties are managed and used.

The initial term of the contract is four years.

The heritage values of properties in the portfolio will not be compromised.

The move to a more efficient, integrated property asset management framework aligns with the principles of the Property Asset Utilisation Taskforce report in 2012.

The tender process will be conducted in line with NSW Government probity and procurement requirements.

The Expressions of Interest period will close in late June 2017 and be followed by a Request for Proposal from selected shortlisted parties. A preferred tenderer is expected to be identified in late 2017.

The tender documents are available here.