Page 658 - Week 02 - Thursday, 14 February 2013
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a. The “LED lighting upgrades at 28 Government buildings” project coordinated by ACT Property Group, TAMSD was recommended for a loan of $1,764,758 (excluding GST). Once implemented, the project is estimated to save around 3,710 megawatt hours of electricity per year, this equates to at least 30 per cent electricity savings at most of the 28 project sites.
b. The loan is to be repaid to the Fund over four years.
(3) Three applications were considered in Round 1 of the Fund. Applications for Round 2 of the Fund will open early in 2013.
National Arboretum Canberra—insurance
(Question No 13)
Mr Seselja asked the Minister for Territory and Municipal Services, upon notice, on 29 November 2012 (redirected to the Chief Minister):
(1) Which elements of the Arboretum are currently covered by insurance.
(2) What is the annual cost to the Territory for this insurance.
(3) If any elements of the Arboretum are not currently insured, why not.
Ms Gallagher: The answer to the member’s question is as follows:
(1) Throughout the construction phase the National Arboretum Canberra has been fully insured for property and public liability risks under a Principal Arranged Construction Works insurance policy similar to other construction projects.
Once buildings and other assets are passed from the principal contractor to the Government they are covered under the normal property and public liability insurance arrangements with the ACT Insurance Authority (ACTIA).
(2) Insurance premiums paid from 23 March 2011 to date for the Principal Arranged Construction Works insurance policy amount to $250,784 (GST inclusive).
New assets coming off the Principal Arranged Construction Works insurance policy have been included under the Territory’s existing ACTIA property insurance coverage at no further cost to the Territory for the 2012-13 financial year.
The ACTIA premium will be reassessed when the policy is next renewed on 30 June 2013.
(3) The insurance mentioned above does not cover growing trees. Public amenity trees, that have not commercial value, such as those in the National Arboretum Canberra, are not insured in the ACT.
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