CHRISTCHURCH CENTRAL DEVELOPMENT UNIT

Market Update #7

November 30, 2012

For Immediate Release

An adviser has been appointed to develop a detailed business case for Christchurch’s new Convention Centre Precinct.

The Christchurch Central Development Unit (CCDU) and Christchurch City Council received eight responses to a Request for Proposal (RFP) for the position.

PricewaterhouseCoopers has been selected from the submitters by an evaluation panel, and began its work on developing the detailed business case this week.

Meanwhile, the CCDU has also put out RFPs for the positions of financial adviser and business case adviser, to provide advice on projects it is involved with.

These RFPs close on Tuesday, 11 December and the intention is to make appointments before Christmas.

ENDS