Provision of transaction advisory services for the Tshwane Innovation Hub under a PPP model

Public Private Partnership
Client Turner & Townsend on behalf of the Gauteng Infrastructure Financing Agency
Location Gauteng Provincial Treasury, Johannesburg, South Africa
Scope Of Work Advisory civil, structural and environmental consulting services including geotechnical and municipal bulk services.
Contract Period 2014-2015

Project Detail

The purpose of the project was to increase the value benefits of the site through a long-term lease arrangement involving the design, construction, and financing of EB2 and EB3 within the Innovation Hub. The development comprised a two-storey building with some 5 693 m² gross building area.

Phase 1 involved the feasibility study including needs and space planning analyses, input to due diligence of the preferred option and costing and procurement planning.

Phase 2 required input to the procurement documentation and evaluation of the private sector bidders’ proposals, input into the selection of a preferred bidder and input as required during negotiations and financial close.