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Legislative Assembly for the ACT: 2000 Week 4 Hansard (30 March) . . Page.. 1207 ..
Ms Tucker asked the Chief Minister, upon notice:
In relation to government expenditure on the V8 Supercar race scheduled for June 2000.
1 . What is the breakdown of expenditure of the $7 million appropriation in 1999-2000 for the race.
2. What are the details of the contracts for services, equipment or construction works that have been let or are planned to be let by the ACT Government in relation to the race, specifically:
(a) The nature of the service, equipment or works to be provided under the contract;
(b) The successful tenderer;
(c) The value of the contract.
3. What are the details of any agreements to forgo government taxes, duties, fees or charges that would have been incurred by the organisers of the race, including the monetary value of the forgone revenue.
4. Is this forgone revenue included in the $7 million appropriation or additional to it.
Ms Carnell: The answer to the member's question is as follows:
1. This information is provided at Attachment A.
2a. Information on the services to be contracted for the design and construction of the race circuit is provided at Attachment B. This is a rolling schedule of works. A detailed program for services for the race day events is still being finalised.2b. and 2c. Contracts entered into by CTEC to 21 March 2000 include:
Design, construction and remediation work for race circuit
Weathered Howe Pty LtdSouthport, Queensland
Value: $525,000
Implementation and services for the race day
IMGMelbourne Victoria
Value: $250,000
Sales and Sponsorship
IMGMelbourne, Victoria
Value: Contract is on a commission basis and includes a 10% fee for sponsor introductions made by CTEC and 5% for ACT Government agencies. The rate of fees for other sponsorships is currently being negotiated.
Concrete Barriers
Sunset Pty LtdQueanbeyan NSW 2620
Value: $1,899,000
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