Key Points:
The unsolicited proposals framework should benefit
developers and investors wishing to engage the WA Government with
innovative ideas.
The Western Australian Government's debt reduction policy is
creating new opportunities for property investors and developers in
Australia's largest State.
The State Government has already identified a number of
State-owned land assets that are currently being marketed or being
prepared for sale through a public process under the Department of
Lands' land asset sales program.
In addition to this, the Government recently announced that it
is developing an unsolicited proposals (USP)
framework that will apply to other State-owned assets. The USP
framework will allow the private sector to submit proposals to the
Government outside of the usual tender process. The
Government's objective is to encourage the private sector to
submit unique proposals for the development of under-utilised
State-owned assets for the benefit