Payments Made to Sports Hub Partner Per Year for Building, Maintaining and Operating Facility
- The Government pays Sports Hub Pte Ltd an annual availability payment of $193.7 million, subject to inflation, for building, maintaining, and operating the Sports Hub under a 25-year public-private partnership.
- Full annual payments began in July 2014, with the total estimated cost spread evenly over the contract period to manage project risks and ensure accountability.
- At the end of the concession period, Sports Hub Pte Ltd is required to hand back the facilities to the Government.