Personal Property Securities Register
A single, national Personal Property Securities Register (PPSR) is a key outcome of the proposed Personal Property Securities reform. The PPSR will replace the more than 40 registers operated by, or on behalf of, the Commonwealth, States or Territories.
The PPSR will be the definitive place records of security interests in personal property (property other than land or buildings) are held. It will be computer based, publicly accessible and updatable in real time. The PPSR will primarily be accessed through the internet and B2G connections, but also requires IVR, SMS, call centre and physical lodgement channels.
Development of the Register
The first stage of the procurement of the Register infrastructure was the release of a Request for Tender - RFT No. 08/9769 for System Design, Development and Integration Services Personal Property Securities Register on 16 May 2008. The outcome of this tender will be announced in late October 2008.
It is envisaged that the design, development and implementation activities for the PPSR will take place over a 12 to 18 month period with ongoing support and maintenance services for an additional two years. This RFT is the first and key process in a series of related procurements supporting the PPS reform programme.
Copies of the RFT document can obtained at https://www.tenders.gov.au/
