Coffs Harbour Airport
Preferred bidder announced
Greenfield (construction) or brownfield (government asset divestment) projects needed or likely to occur within the next five years, but is not formally proposed by a state, territory or major local government.
The project or divestment is supported by a state, territory or major local government, is subject to studies or other processes (such as pre-feasibility or scoping studies or business case development), and is likely to proceed to formal announcement.
The project has a firm commitment and timeline from a state, territory or major local government, but has not yet entered the market.
The project or transaction is under procurement (such as a call for Expressions of Interest, requests for tender, or another offer to the market).
Preferred bidder announced
A preferred bidder has been selected and is in exclusive negotiations.
Projects that have progressed to contractual close remain on ANZIP for 12 months.
ANZIP is focused only on major infrastructure activity, above the following thresholds:
Construction projects: > AUD$300m
Investable greenfield & brownfield: > AUD$100m
All greenfield and brownfield projects and divestments: > NZD $100 million
Coffs Harbour Airport is located about 500 kilometres north of Sydney.
Coffs Harbour City Council is seeking to 50-year long-term lease to oversee day-to-day management, operation and investment of the airport, with ownership to be retained by the Council. overheads and ongoing operating and maintenance costs which will be borne by the airport lessee.
The airport lessee is expected to provide investment into airport services, enabling increased flight frequency, additional routes, and enable fast-tracked development of the Airport Enterprise Park. The Council is also looking to progress future international and freight opportunities through the long-term lease.
27 August 2020: Negotiations commence with preferred bidder
17 July 2020: Tender for binding bids closed
21 Jun 2020: Tender for binding bids commenced
December 2018: Coffs Harbour City Council announced intention to progress long-term lease
- KPMG (Commercial)
- Ashurst (Legal)
September 2020: Coffs Harbour City Council voted to progress with negotiations for a long-term lease of Coffs Harbour Airport in line with the recommended bidder from a Binding Bids Evaluation Report. The preferred bidder was not announced.
June 2020: Binding bid phase formally recommenced after the procurement process was put on hold for six months due to COVID-19.
December 2019: Initial binding bid phase commenced.
November 2019: Non-binding bids were evaluated by the Council.
December 2018: Council resolved to progress the Airport Lease Model for the airport to the next stages of due diligence and an expression of interest for non-binding bids.
Last reviewed: 25/09/2020