Property management services sought for key Sydney Harbour precincts

Property management services sought for key Sydney Harbour precincts

Sydney Harbour Australia
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Property NSW has called for expressions of interest from the private sector to provide integrated property management services in key Sydney Harbour precincts, including The Rocks and Darling Harbour.

CEO of Property NSW Brett Newman says an outsourced, integrated contract to manage the property portfolio will deliver better value for both 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.”

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

“The heritage values of properties in the portfolio will not be compromised,” he said.

“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 EOI period will close in late June 2017 and be followed by requests for proposals from shortlisted parties. A preferred tenderer is expected to be identified in late 2017.

The initial term of the contract is four years.

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