Paxon advised the Department of Corrective Services on the renegotiation of the Acacia Prison PPP contract with Serco.
The 1,500 bed facility was looking to expand its facility size and contract term.
Paxon led the contract renewal process, assisting with planning of facility requirements, modelling the approach to be applied and assessing the value for money and savings of a revised agreement.
Department of Corrective Services (WA) Client
Perth, WA Location
Confidential Project Value
Commercial and Financial Adviser Roles
As a result of the renegotiation, $55 million of savings was returned to Government.