Public Private Partnership

In reply to Mr PISONI (Unley) (17 November 2015).

The Hon. S.E. CLOSE (Port Adelaide—Minister for Education and Child Development, Minister for Higher Education and Skills): I have been advised:

All of the Public Private Partnership related commitments referred to on page 94 of the Financial Report are to Pinnacle Education for the six named Education Works schools.

The Public Private Partnership related commitments referred to on page 94 represent payments in accordance with the agreed payment schedule. The current agreed payment schedule does differ from the original payment schedule to account for various approved modifications that were initiated during the operating phase of the project.

In addition, other payments that were paid to Pinnacle Education in 2014-15 under the contract which were pass-through costs for utilities usage and insurance costs. These payments for 2014-15 were $1,018,731 (GST exclusive) for utilities and $376,417 (GST exclusive) for insurance.