Project Single Living Environment and Accommodation Precinct (LEAP)
Sitzler Key to Larrakeyah and Roberston Barracks Accommodation Project
28 June, 2011
Sitzler is pleased to announce that the Plenary Living Consortium, of which it is a member, reached financial close with Defence on Project Single Living Environment and Accommodation Precinct (Project Single LEAP) Phase 2. The project has a total funding requirement of some $900 million.
Sitzler Pty Ltd Managing Director, Mr Steve Margetic said that as part of this nation wide project, Sitzler would deliver 232 units at Larrakeyah Barracks and 686 units at Roberson Barracks, due for completion in third Quarter 2013 and first Quarter 2014 respectively. The value of the construction contract is some $243 million in total.
Mr Margetic said that, “We have been working with Plenary Living for quite some time on the LEAP 2 project and are very pleased that we have now been awarded it. It is a very important project to our company and will provide ongoing work for a significant number of subcontractors and trades people as our current projects wind down and the BER projects taper off”.
“The investment in the local economy will provide over 420 jobs on and off site across the two bases”, he said.
Nationally, Project Single LEAP Phase 2 is a 33 year contract for the finance, design, construction, operation and maintenance of 3,015 permanent units on 14 Defence bases across Australia.
Plenary Group Director, Mr Ray Wilson said that the bases were located in every mainland Australian State and Territory and would provide a tremendous opportunity to involve a range of regional builders.
Over a three year construction phase the total investment by the Commonwealth in the upgrade of on-base accommodation will directly create some 1,550 jobs nationally.
The Plenary Living consortium includes:
- Plenary Group – consortium sponsor, financial arranger, equity provider
- Compass Group Australia – facility management
- Built Environs – construction, South Australia
- Pindan – construction in Western Australia
- Richard Crookes Constructions – construction in NSW and Victorian border
- Sitzler – construction in Northern Territory
- Watpac – construction in Victoria, ACT and Queensland