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Awarded contract

Frankston Hospital Redevelopment PPP Awarded to Exemplar Health

Expires in 24y 4moExpires Sun, 15 Jan 2051
Awarded 12 Apr 202228y 10mo term · 16% elapsed

About

Department of Health - Victorian Health Building Authority awarded a contract to Exemplar Health (Frankston) Pty Limited for the redevelopment and expansion of Frankston Hospital, delivered as a Public Private Partnership under the Partnerships Victoria Framework.

Construction started progressively from 2022, with main works expected to be completed in 2025.

Insight

This PPP model transfers design, construction, and maintenance risks to the private sector, a common approach for large-scale public health infrastructure in Victoria.

Value
$2,087,900,000.00
State
VIC
Category
Construction

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