Draft Asset Sale Rules
The WA Government has released for public comment a draft outline of Unsolicited Bids Guideline for the Sale or Lease of State-Owned Land.
The Guideline includes five assessment criteria that must be met by a proponent to justify a proposal being dealt with as an unsolicited bid:
- The proposal is unique or innovative
- The proposal will result in a benefit to the State
- The proposal delivers value for money
- The proposal is feasible
- The proposal aligns with relevant Government policy
The Property Council is preparing a response to the draft Guideline and members with comments should contact Rebecca Douthwaite, at the Property Council on 9426 2000.