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Defence has confirmed that it will begin engaging with industry for the delivery of 991 new accommodation units at Randwick Barracks.
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Defence has confirmed that it will begin engaging with industry for the development of 991 new live-in units at Sydney’s Randwick Barracks, in an affordable, safe and sustainable integrated estate strategy.
“The Defence estate is a critical enabler of a more capable, agile and potent Defence capability that supports the generation and sustainment of the Australian Defence Force (ADF) and is a place where people live and work,” a Defence spokesperson said.
“Defence recognises that providing live-in accommodation to ADF personnel is not only a major contributor to Defence capability but also to the economy of the local community.
“The Project will result in job creation during the construction phase and an ongoing injection into the local economy through spending from the ADF residents who take up occupancy in the units once constructed.
“Defence is committed to the community surrounding Randwick Barracks and this investment will mean more ADF members living in the region, dropping into local cafes and supporting local businesses.”
According to a release, Defence is expected to explore several investment models including using private equity investment through a Public Private Partnership Model as well as additional options.
Such investment models will support the continued growth of Australian businesses, the release from Defence said.
It is expected that Defence will begin engaging with industry through an expression of interest for the planning, design, construction, financing and ongoing operations of the program. The opportunities will be reported via AusTender.
The announcement came as Defence opened a tender for a capability life cycle manager of the Hobart Class destroyer fleet as part of its $5.1 billion investment in capability upgrades, to be undertaken at Osborne Naval Shipyard in South Australia.
Under the new approach to sustainment, which aims to maximise local participation, the successful candidate would be tasked with delivering asset management services and supporting upgrades to the combat management system over the life of the vessels.
The work is tipped to create an estimated 300 jobs in South Australia, building on the Commonwealth government’s broader effort to bolster Australia’s naval capabilities.
[Related: Defence opens tender for Hobart Class sustainment]
