find the latest legal job
Senior Associate - Litigation & Dispute Resolution
Category: Litigation and Dispute Resolution | Location: Melbourne CBD & Inner Suburbs Melbourne VIC
· Come work for a firm ranked in Lawyers Weekly Top 25 Attraction Firms
View details
Associate - Workplace Relations & Safety
Category: Industrial Relations and Employment Law | Location: Brisbane CBD & Inner Suburbs Brisbane QLD
· Employer of choice · Strong team culture
View details
Freelance Lawyers
Category: Banking and Finance Law | Location: All Perth WA
· Freelance opportunities through Vario from Pinsent Masons
View details
Freelance Lawyers
Category: Other | Location: All Adelaide SA
· • Qualified lawyer with a strong academic background
View details
Freelance Lawyers
Category: Other | Location: All Melbourne VIC
· • Qualified lawyer with a strong academic background
View details
Mallesons advises NT govt on $495m PPP

Mallesons advises NT govt on $495m PPP

Mallesons Stephen Jaques has advised the Northern Territory Government on the first correctional services PPP in the Territory. 

MALLESONS Stephen Jaques has advised the Northern Territory Government on the first correctional services public private partnership in the Territory.  


This is the second social infrastructure PPP delivered in the Territory and Mallesons is pleased to have assisted the Territory on each of them.

 

Under the PPP, the private sector will finance, build and service a Correctional Centre, Secure Mental Health and Behavioural Management Facility, and a Supported Accommodation and Program Centre for community-based offenders.  


The capital cost value of the project is $495 million with a 30 year concession period, and aside from being a key element of the Northern Territory’s “New Era in Corrections” policy, it is expected to provide a boost to the local economy by way of significant job creation.

 

The Project was delivered within the National PPP Guidelines in a manner that takes account of the challenges associated with the correctional sector generally and the Northern Territory environment in particular.  


Project director, Pat Coleman, said “Mallesons clearly understands the Territory’s needs and objectives on major projects like the correctional precinct; they, worked with us to achieve an appropriately structured and delivered project and met all of our expectations.”

 

The project achieved Financial Close within nine weeks of the appointment of the preferred bidder.  Early construction works have commenced with the facilities scheduled for completion in 2014.

 

The Mallesons team was led by head of infrastructure, partner Mark Upfold and lead senior associate Rebecca Finkelstein. They were supported by Peter Staciwa, Ruchi Sharma, Gareth Howe, James Forrest and Nicole Lacy on procurement, project, subcontracting, debt and equity issues.  

 

Like this story? Read more:

QLS condemns actions of disgraced lawyer as ‘stain on the profession’

NSW proposes big justice reforms to target risk of reoffending

The legal budget breakdown 2017

Mallesons advises NT govt on $495m PPP
lawyersweekly logo
Promoted content
Recommended by Spike Native Network
more from lawyers weekly
microphone
Oct 20 2017
Podcast: One of law’s most infamous alumni – in conversation with Julian Morrow
In this episode of The Lawyers Weekly Show, Melissa Coade is joined by The Chaser’s Julian Morrow....
protest
Oct 20 2017
High Court overturns ‘excessive’ anti-protest legislation
Bob Brown’s recent victory in the High Court over the Tasmanian government was a win for fundament...
Blocked
Oct 20 2017
Changes to Australian citizenship laws blocked
Attempts to beef up the requirements to obtain Australian citizenship were thwarted this week, after...
APPOINTMENTS
Allens managing partner Richard Spurio, image courtesy Allens' website
Jun 21 2017
Promo season at Allens
A group of lawyers at Allens have received promotions across its PNG and Australian offices. ...
May 11 2017
Partner exits for in-house role
A Victorian lawyer has left the partnership of a national firm to start a new gig with state governm...
Esteban Gomez
May 11 2017
National firm recruits ‘major asset’
A national law firm has announced it has appointed a new corporate partner who brings over 15 years'...
opinion
Nicole Rich
May 16 2017
Access to justice for young transgender Australians
Reform is looming for the process that young transgender Australians and their families must current...
Geoff Roberson
May 11 2017
The lighter side of the law: when law and comedy collide
On the face of it, there doesn’t seem to be much that is amusing about the law, writes Geoff Rober...
Help
May 10 2017
Advocate’s immunity – without fear or without favour but not both
On 29 March 2017, the High Court handed down its decision in David Kendirjian v Eugene Lepore & ...