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ARTICLE · 25 AUGUST 2015

WA's proposed framework for unsolicited proposals from property investors and developers

The USP framework should benefit developers and investors wishing to engage the WA Government with innovative ideas.

AustraliaReal Estate and Construction

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

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