Auckland-based Hawkins Construction is part of a consortium that has won a contract to build a prison under a public-private partnership in Victoria.
Along with Hawkins, other companies in the Aegis Correctional Partnership to deliver and maintain the 350-bed expansion of Ararat Prison are Bilfinger Berger, the Commonwealth Bank, St Hilliers Contracting, and Programmed Facility Management.
The $A405 million ($NZ500m) project is the first Victorian social infrastructure to be built under National PPP Guidelines approved by the Council or Australia Governments.
Announcing the selection of Aegis, Victorian Corrections Minister Bob Cameron said the private partner would carry the financial, design, construction and building maintenance responsibilities and risks.
Corrections Victoria would provide correctional services and operate the facility.
Construction at Ararat, 240km northwest of Melbourne, is expected to start in the second half of the year, with completion due at the end of 2012.
Hawkins chief executive Chris Hunter said the company was excited to see the Government in this country pushing ahead with PPPs.
"We are committed to participating in this developing market, which will generate real opportunity to New Zealand to deliver better public services but with a long-term focus on value for money," he said.
Hawkins had established a dedicated team regarding the proposed new prison at Wiri, which the Government announced it intended would be a PPP.
This article is tagged with the following keywords. Find out more about MyNBR Tags
- Experts say Auckland Council not spending enough on social media
- Christchurch Airport opens spotters' park to view first A380 arrival
- Comvita share placement lifts Chinese investor's stake to 9%
- Commissioner wants to raise retirement age to 67, Goldsmith disagrees
- When politics enters enemy territory
Most listened to
- Sunday Business Episode 34 featuring Hayden Cox
- Matthew Hooton on what a National win in Mt Roskill could mean for Labour
- Tim Hunter on Sky's awkward Chinese problem
- Paul Goldsmith's attempt at insolvency law reform has been hijacked by a 'basked of deplorables' says Damien Grant
- Business Week in Review with Grant Walker & Andrew Patterson