Major Projects & Infrastructure » Social Infrastructure

Financial constraints on governments have constricted the pipeline of future social infrastructure projects requiring government support.

Although governments recognise the need to develop or upgrade social infrastructure, the continuing push to restrain public debt has kept the focus on tight margins and flexible, risk-appropriate structures.

Project participants must develop innovative and flexible approaches that meet the government’s ongoing push to minimise debt exposure.

Operating this way requires an understanding of which structures have framed successful Australian and overseas social infrastructure projects, knowing what a government wants to achieve and then developing tailored models that meet the social, financial and wider economic criteria are key to successful social infrastructure projects.

Corrs’ depth of international and local experience in public projects provides the expertise to analyse, evaluate and explain the most complex structures, extract the useful elements and devise the best frameworks to deliver each type of social infrastructure venture – be it schools, hospitals, housing or prisons.

Our Experts

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Airlie Fox

Special Counsel Location Melbourne Profile
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Alan Churley

Partner Location Perth Profile
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Alex Regan

Partner Location Sydney Profile
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Andrew Chew

Partner Location Sydney Profile
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Andrew McCormack

Partner Location Brisbane Profile
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Andrew Stephenson

Partner Location Melbourne Profile
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Ben Davidson

Partner Location Melbourne Profile
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Beverly Kennedy

Partner Location Melbourne Profile
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Brad Robinson

Partner Location Melbourne Profile
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Chris Horsfall

Special Counsel Location Melbourne Profile
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Clare Corke

Partner Location Brisbane Profile
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David Ulbrick

Special Counsel Location Perth Profile
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David Warren

Partner Location Melbourne Profile
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Greg Hassall

Partner Location Brisbane Profile
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Jeremy King

Partner Location Melbourne Profile
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Jodie Burger

Special Counsel Location Brisbane Profile
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John Letizia

Special Counsel Location Brisbane Profile
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John Walter

Partner Location Melbourne Profile
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Joseph Barbaro

Partner Location Melbourne Profile
Matt Muir

Matthew Muir

Partner Location Brisbane Profile
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Michael Earwaker

Partner Location Melbourne Profile
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Michelle Blackburn

Partner Location Melbourne Profile
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Nigel Duffield

Special Counsel Location Melbourne Profile
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Paul Carrick

Partner Location Sydney Profile
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Peter Calov

Partner Location Sydney Profile
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Peter Schenk

Partner Location Brisbane Profile
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Robert Clarke

Partner Location Melbourne Profile
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Robert Regan

Partner Location Sydney Profile
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Simon Ashworth

Partner Location Sydney Profile

Our Experience

Bonnyrigg Living Communities PPP

The A$733 million Bonnyrigg Living Communities Project posed legal transactional obstacles with no Australian precedent. It was Australia’s first privately financed social housing project (and the first social housing PPP), involving both public housing and development and sale of private housing. Innovative methods of structuring the project vehicle were required to meet financial hurdles, including equity and debt arrangements. This project won the 2007 CFO Magazine “Project Finance Deal of the Year”. Corrs also received the 2008 National Infrastructure Award for “Advisory Excellence” from Infrastructure Partnerships Australia.

Corrs assisted the Consortium to incorporate new planning methods and tenancy management techniques into their proposal. These enhanced the standard suite of PPP documents, while still mitigating both risk and liability. Corrs was also instrumental in facilitating the passage of legislation for financial close to occur.

More

New Zealand’s first major PPP venture gets prison off the ground

With the help of Corrs, a new NZ $840 million, 960-bed prison in Wiri, South Auckland is underway via New Zealand’s first major public-private partnership.

Corrs advised Fletcher Construction, the development and construction contractor, on all phases of the project’s procurement through to financial close and beyond.

Wiri Prison will be designed, financed, built, operated and maintained by the private sector and, unusually, includes the full provision of prison services it as well.

More

Mundaring Water Treatment Project

Corrs was key adviser to the Water Corporation of Western Australia on the A$306 million Mundaring Water Treatment Plant (MWTP). This critical infrastructure asset ensures the long term supply of water to the agricultural and the goldfield areas of Western Australia.

The development was the Water Corporation’s first privately financed infrastructure project, awarded the ‘Government Partnership Excellence Award’ by Infrastructure Partners Australia.

Corrs advised on all aspects of the project, which contributes to the State’s wider objective of diversifying financing sources for the development of infrastructure in WA.

More

Our Thinking

Quick guide to establishing a presence in Indonesia

Indonesia is a vast emerging market. What are the choices for establishing a presence there?

More

Productivity Commission caught between a rock and a hard place in finding ways to streamline project approvals

The Commission’s proposed framework for approvals processes will be controversial.

More

Australia-Indonesia: Time for a closer future

Indonesia’s potential is vast and now is the time for genuine engagement.

More

The building revolution - Building Information Modelling (BIM) on the way to 6D

Australia has been slow to adopt BIM but can we afford to lag behind yet another innovation frontier?

More

Striking the balance: Financing PPPs with government contributions

How can governments maximise cost savings while retaining the risk transfer and performance incentives associated with private finance?

More

Infrastructure early stage tax losses - Welcome reform but issues remain

The draft legislation on tax loss incentives for infrastructure projects is welcome, but gaps remain.

More

Productivity Commission review a ray of hope for major projects

Could reform be on the way for Australia’s infamous major projects approval regime?

More

Doing Business in Australia

Australia is an exceptional place in which to do business. Find out how we can help you develop your business in Australia.

More Download

Financing projects in hard times: Export Credit Agencies are the smart alternative

Export Credit Agencies are big players in project financing and they offer sponsors many benefits.

More

Joint ventures are a smart way for local governments to beat funding constraints

Queensland local governments have an ace up their sleeve when it comes to raising funds for critical infrastructure.

More

The infrastructure deficit - Is Islamic finance part of the solution?

Australia’s “infrastructure deficit” is significant. Some estimate that, over the next decade, the difference between our infrastructure needs and available government resources could blow out to as much as $770 billion.

More Download

Contractor beware: ICT contracting for PPPs

Governments are increasingly looking to public private partnerships to solve the ever growing demand for new hospitals in Australia.

More

Infrastructure Reform in Queensland Part 1 - Solutions for the 21st Century

Important infrastructure projects in Queensland are being hampered by outdated legislation which is in urgent need of reform.

More Download

Eurozone crisis may have a silver lining for Australian infrastructure

The Eurozone crisis is of fundamental concern for global economic stability. How should Australia respond?

More

Dispute or deadlock? Be prepared

There have been a lot of lessons learned about joint venture mechanisms since the GFC. But not about deadlock procedures, even though they’re now more important than ever.

More

Solving the infrastructure dilemma - It’s all about sharing

Australia’s pressing need for infrastructure is well known. Government has less money and private enterprise has less appetite for risk. With these two factors a certainty, infrastructure experts at Corrs Chambers Westgarth agree change must come.

More

Our Experience

Bonnyrigg Living Communities PPP

The A$733 million Bonnyrigg Living Communities Project posed legal transactional obstacles with no Australian precedent. It was Australia’s first privately financed social housing project (and the first social housing PPP), involving both public housing and development and sale of private housing. Innovative methods of structuring the project vehicle were required to meet financial hurdles, including equity and debt arrangements. This project won the 2007 CFO Magazine “Project Finance Deal of the Year”. Corrs also received the 2008 National Infrastructure Award for “Advisory Excellence” from Infrastructure Partnerships Australia.

Corrs assisted the Consortium to incorporate new planning methods and tenancy management techniques into their proposal. These enhanced the standard suite of PPP documents, while still mitigating both risk and liability. Corrs was also instrumental in facilitating the passage of legislation for financial close to occur.

New Zealand’s first major PPP venture gets prison off the ground

With the help of Corrs, a new NZ $840 million, 960-bed prison in Wiri, South Auckland is underway via New Zealand’s first major public-private partnership.

Corrs advised Fletcher Construction, the development and construction contractor, on all phases of the project’s procurement through to financial close and beyond.

Wiri Prison will be designed, financed, built, operated and maintained by the private sector and, unusually, includes the full provision of prison services it as well.

Mundaring Water Treatment Project

Corrs was key adviser to the Water Corporation of Western Australia on the A$306 million Mundaring Water Treatment Plant (MWTP). This critical infrastructure asset ensures the long term supply of water to the agricultural and the goldfield areas of Western Australia.

The development was the Water Corporation’s first privately financed infrastructure project, awarded the ‘Government Partnership Excellence Award’ by Infrastructure Partners Australia.

Corrs advised on all aspects of the project, which contributes to the State’s wider objective of diversifying financing sources for the development of infrastructure in WA.

Our Thinking

Doing Business in Australia

Australia is an exceptional place in which to do business. Find out how we can help you develop your business in Australia.

Solving the infrastructure dilemma - It’s all about sharing

Australia’s pressing need for infrastructure is well known. Government has less money and private enterprise has less appetite for risk. With these two factors a certainty, infrastructure experts at Corrs Chambers Westgarth agree change must come.

Dispute or deadlock? Be prepared

There have been a lot of lessons learned about joint venture mechanisms since the GFC. But not about deadlock procedures, even though they’re now more important than ever.

Eurozone crisis may have a silver lining for Australian infrastructure

The Eurozone crisis is of fundamental concern for global economic stability. How should Australia respond?

Infrastructure Reform in Queensland Part 1 - Solutions for the 21st Century

Important infrastructure projects in Queensland are being hampered by outdated legislation which is in urgent need of reform.

Contractor beware: ICT contracting for PPPs

Governments are increasingly looking to public private partnerships to solve the ever growing demand for new hospitals in Australia.

The infrastructure deficit - Is Islamic finance part of the solution?

Australia’s “infrastructure deficit” is significant. Some estimate that, over the next decade, the difference between our infrastructure needs and available government resources could blow out to as much as $770 billion.

Joint ventures are a smart way for local governments to beat funding constraints

Queensland local governments have an ace up their sleeve when it comes to raising funds for critical infrastructure.

Financing projects in hard times: Export Credit Agencies are the smart alternative

Export Credit Agencies are big players in project financing and they offer sponsors many benefits.

Productivity Commission review a ray of hope for major projects

Could reform be on the way for Australia’s infamous major projects approval regime?

Infrastructure early stage tax losses - Welcome reform but issues remain

The draft legislation on tax loss incentives for infrastructure projects is welcome, but gaps remain.

Striking the balance: Financing PPPs with government contributions

How can governments maximise cost savings while retaining the risk transfer and performance incentives associated with private finance?

The building revolution - Building Information Modelling (BIM) on the way to 6D

Australia has been slow to adopt BIM but can we afford to lag behind yet another innovation frontier?

Productivity Commission caught between a rock and a hard place in finding ways to streamline project approvals

The Commission’s proposed framework for approvals processes will be controversial.

Australia-Indonesia: Time for a closer future

Indonesia’s potential is vast and now is the time for genuine engagement.

Quick guide to establishing a presence in Indonesia

Indonesia is a vast emerging market. What are the choices for establishing a presence there?

Our Experts

FOXAirliewebsitegreySIZEDTHfake.jpg

Airlie Fox

Special Counsel Melbourne +61 3 9210 3589
Alan Churley.jpg

Alan Churley

Partner Perth +61 8 9460 1660
REGANAlexwebsitegreySIZEDTH_2.jpg

Alex Regan

Partner Sydney +61 2 9210 6622
Andrew Chew.jpg

Andrew Chew

Partner Sydney +61 2 9210 6607
McCORMACKAndrewwebsitegreyfakeSIZEDTH.jpg

Andrew McCormack

Partner Brisbane +61 7 3228 9860
Andrew-Stephenson-Thumbnail.jpg

Andrew Stephenson

Partner Melbourne +61 3 9672 3358
Ben Davidson.jpg

Ben Davidson

Partner Melbourne +61 3 9672 3500
Bev Kennedy.jpg

Beverly Kennedy

Partner Melbourne +61 3 9672 3404
Brad Robinson.jpg

Brad Robinson

Partner Melbourne +61 3 9672 3550
HORSFALLChriswebsitegreySIZEDTH.jpg

Chris Horsfall

Special Counsel Melbourne +61 3 9672 3326
Clare Corke.jpg

Clare Corke

Partner Brisbane +61 7 3228 9318
ULBRICKDavidwebsitegreySIZEDTH.jpg

David Ulbrick

Special Counsel Perth +61 8 9460 1675
David Warren.jpg

David Warren

Partner Melbourne +61 3 9672 3504
Greg Hassell.jpg

Greg Hassall

Partner Brisbane +61 7 3228 9359
Jeremy King.jpg

Jeremy King

Partner Melbourne +61 3 9672 3431
BURGERJodiewebsitegreySIZEDTH.jpg

Jodie Burger

Special Counsel Brisbane +61 7 3228 9720
LETIZIAJohnwebsitegreySIZEDTH.jpg

John Letizia

Special Counsel Brisbane +61 7 3228 9749
John Walter.jpg

John Walter

Partner Melbourne +61 3 9672 3501
Joseph-Barbaro-.jpg

Joseph Barbaro

Partner Melbourne +61 3 9672 3052
Matt Muir

Matthew Muir

Partner Brisbane +61 7 3228 9816
EARWAKERMichaelwebsitegreySIZEDTH.jpg

Michael Earwaker

Partner Melbourne +61 3 9672 3516
BLACKBURNMichellewebsitegreySIZEDTH.jpg

Michelle Blackburn

Partner Melbourne +61 3 9672 3353
DUFFIELDNigelwebsitegreySIZEDTH.jpg

Nigel Duffield

Special Counsel Melbourne +61 3 9210 3291
Paul Carrick.jpg

Paul Carrick

Partner Sydney +61 2 9210 6353
Peter Calov.jpg

Peter Calov

Partner Sydney +61 2 9210 6215
Peter Schenk.jpg

Peter Schenk

Partner Brisbane +61 7 3228 9869
CLARKERobertTH.jpg

Robert Clarke

Partner Melbourne +61 3 9672 3215
Robert Regan.jpg

Robert Regan

Partner Sydney +61 2 9210 6620
Simon Ashworth.jpg

Simon Ashworth

Partner Sydney +61 2 9210 6538