VicRoads Registry Sale




PROJECT
PIPELINE
STATUS

Prospective pipeline

Credibly proposed

Announced

Under procurement

Preferred bidder announced

Recently closed
VicRoads Registry Sale
STATUS

Prospective pipeline

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.

Credibly proposed

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.   

Announced

The project has a firm commitment and timeline from a state, territory or major local government, but has not yet entered the market.

Under procurement

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.

Recently closed

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:

Australia

Construction projects: > AUD$300m

Investable greenfield & brownfield: > AUD$100m

New Zealand

All greenfield and brownfield projects and divestments: > NZD $100 million


STATUS: Prospective pipeline
SECTOR: Road
JURISDICTION: VIC
TYPE: Brownfield

VicRoads forms part of the Victorian Department of Transport, and is wholly owned by the state government.

As part of its functions, VicRoads oversees motor vehicle registrations and licences in Victoria. Motor vehicle registrations raised $1.6 billion in revenue in Victoria in FY2018-19, while licencing raised a further $99 million.

In October 2019, comments made in the Victorian Parliament by Treasurer Tim Pallas led to speculation that the Government is looking to either sell or lease its VicRoads registry unit.

Media reports have speculated that the Victorian Government will make a decision about the sale or lease of the registry unit prior to the release of its FY2020-21 Budget.



Last reviewed: 31/03/2020

Presented by

Government sponsors

treasury-website-logobw

Supporting agencies

 
nzte-logo_web

 

 

doird_strip_web_trans
ia_trans