A consortium comprising DIF, Multiplex, Compass Group and Brookfield Financial has been nominated as the preferred tenderer to construct and manage a new 700-bed Karratha workers accommodation facility for Woodside.
The facility will be constructed on the site of the existing Bay Village in Karratha, providing urban style and socially integrated high-quality accommodation with a 30-year design life.
The consortium consists of:
- DIF – a leading independent fund management company and a long-term investor in infrastructure assets in Australia and globally
- Multiplex – a leading global contractor with experience delivering high-quality accommodation facilities, including the Roy Hill Accommodation Village in the Pilbara. Multiplex is also in the final stages of constructing the Karratha Health Campus
- Compass Group – the country’s leading provider of food and facilities management services to the resources industry and currently supports Woodside operations on the North West Shelf
- Brookfield Financial – an experienced financial and commercial advisor
Multiplex will construct the facility, with Compass Group appointed to manage it for 15 years. DIF is the project investor and manager and Brookfield Financial is the financial advisor.
Multiplex WA Regional Managing Director Chris Palandri said the Company was excited to continue its presence in the region as part of the experienced consortium. “We look forward to working with Woodside to deliver a first-rate accommodation facility,” he said.
“Local content and employment is a key focus for the project, with the vast majority of procurement expected to take place in Western Australia. We have achieved more than 85 per cent local Pilbara employment on the Karratha Health Campus project and expect to exceed that figure for the construction of Woodside’s facility.”
Compass Group Managing Director Shelley Roberts said, “We value our longstanding relationship with Woodside and are excited about bringing the latest innovations in service excellence and workforce welfare to the Woodside team in Karratha.”
DIF Managing Director Marko Kremer said, “We are proud to have been selected to work with Woodside in the delivery and long-term operation of this important new facility for Karratha.”
Once operational, servicing of the accommodation facility is expected to create approximately 40 jobs.
The consortium will progress primary approvals for lands and its development concept, and when these are satisfied, a formal contract will be awarded. The contract value for the initial 15-year term is approximately A$400 million, with additional 15-year extension options.
Construction is anticipated to begin in February 2018, once the State of Western Australia has executed a lease with the consortium and development approvals are achieved. It is anticipated that the facility will be fully operational in February 2019.
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Multiplex has been delivering landmark property and infrastructure assets for more than 50 years. We are a leading international contractor with a focus on sustainable growth and a presence in Australia, the Middle East and Asia, Europe and Canada.
Established in 1962, our work to date* comprises more than 1,000 projects with a combined value of US$66.2 billion.
We have expertise across the residential, health, retail, commercial, tourism, education, engineering and infrastructure sectors, and as a group we have earned 670 industry awards. For more information, go to: www.multiplex.global
*Works to date includes current and completed projects
DIF is an independent and specialist fund management company, managing funds of approximately €4.2 billion across seven closed-end investment funds and several co-investment vehicles. DIF’s main funds target PPP / PFI / P3, regulated infrastructure assets and renewable energy projects in Europe, North America and Australasia. DIF has offices in Amsterdam, Frankfurt, London, Paris, Luxembourg, Madrid, Toronto and Sydney.
For more information, go to: www.dif.eu
Compass is a world leader in catering and support services, employing more than 500,000 people in 50 countries. Locally in Australia Compass employs 10,000 people, working in more than 478 locations.
Each day, thousands of people wake up to a hot espresso, sit down to a school or university lunch, or dine on a meal in an aged care facility that’s been prepared by us. Far out of town, workers and personnel in remote mining accommodation villages, on oil rigs and at defence camps, enjoy hearty nutritional meals prepared and served by a Compass company. In big cities and major centres, we’re also busy - serving boardroom lunches and stocking and staffing workplace cafes. At major venues, Compass provides the food, beverages and service that adds to the enjoyment of visitors experiencing sport, entertainment and corporate hospitality events. It doesn’t end there. At hundreds of sites around the country, we’re looking after vital cleaning, security and routine maintenance, as well as building and operating remote camp-site facilities and villages. Even at the end of the day and into the night you’ll find us hard at work - in front of house receptions, on security detail, and looking after laundry and linen services.
When you deal with Compass, you’re working with an organisation that doesn’t rest until we’ve created a standard of service that works with your business effortlessly. It’s what drives us - every day of the week.
For more information, go to http://www.compass-group.com.au/home
Brookfield Financial is a global financial advisor with expertise in real assets, particularly property, power and infrastructure. We have offices throughout North America, South America, Europe, Asia and Australia, as well as an expanding network of contacts and partners around the world.
We have recently advised on many social infrastructure projects in Australia and New Zealand, and have successfully raised more than A$2.0 billion in capital to enable the delivery and operation of these projects.
For more information, go to https://brookfieldfinancial.com/