Turnpoint Capability Document

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Golf & Racecourse Expertise That Works For You


Š Programmed Property Services This document contains information which is the intellectual property of Programmed Property Services and as such should be treated as “commercial-in-confidenceâ€?. This document is and shall remain the property of Programmed Property Services and is provided solely for the purposes of assessing our offer. This document or any part of it may not be used for any other purpose than stated previously and may not be distributed to any third party.


Make your facility outstanding Quality courses in spectacular settings are crucial to the success of top sporting venues.

As professional golf and race course specialists for all aspects of construction and maintenance, Programmed Turnpoint provides services and solutions that deliver best results, freeing you as a club owner to better focus on core priorities: Operations, services and revenue production. We actively manage the construction and maintenance process of your project, enabling you to keep such costs under control. All solutions are flexible and tailored. Safe, best-practice outcomes consistently meet and exceed expectations for courses that are presented to the highest standards at all times. We offer you the assurance and strength of a nationally-based business with strong local expertise and proven ability. You'll know everything is well looked after because "The Programmed Difference" means trusting us for quality, innovative and safe solutions. With Programmed Turnpoint, you'll be sure of an outstanding golf and race course to always be proud of.

4th Green, Cape Wickham Golf Course, Tasmania

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Contents

Make Your Facility Outstanding........................................................................................ 3 Contents.......................................................................................................................... 5 About Programmed Turnpoint.......................................................................................... 6 Golf Course Construction................................................................................................. 8 Golf Course Maintenance................................................................................................ 8 Race Course Construction and Maintenance..................................................................12 Flexible Financing........................................................................................................... 18 Delivery.......................................................................................................................... 20 Safety and Assurance.................................................................................................... 26

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About Programmed Turnpoint Programmed Turnpoint is a leading provider of construction and maintenance services to the Golf and Horse Racing Industries in Australia and the Pacific Region.

In 2002, the Turnpoint company was established and brought with it a new era of expertise and professionalism to golf course construction and maintenance. Since then, we have worked with renowned golf course designers, clubs and developers to deliver world class golf facilities in Australia and overseas. Our positive impact on the golf course industry soon attracted the attention of other turf-related industries, and we were enlisted to transpose our knowledge and proficiency from golf courses to that of race courses, such as that of Randwick and Warwick Farm in New South Wales. In 2012, Turnpoint became part of the Programmed Group and a business unit within its Property Services division.

2002

2004

Formation of Turnpoint A new era of expectation & professionalism in golf course construction and maintenance.

First Major Golf Course Construction Contract Kooindah Waters NSW, 18 Holes

First International Golf Course Project - Victory Heights Golf Course Dubai, UAE (Ernie Els Course, 18 Holes)

Better business for our customers 2005

2006 2007

Better business for our customers Now, as Programmed Turnpoint, our name aptly reflects our successful history as well as our ability to provide, going forward, the same professional results but with augmented abilities and broader services to supplement existing specialist skills - to the ultimate benefit of our customers. We have greater strengths in inventory, broader geographic reach and a wider pool of skills and labour resources. Our financial standing, as part of the ASX-listed Programmed Group with a reported revenue of $1.4 billion in FY2014, means you are assured of continuity, stability and partnership with a long-term horizon.

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First Major Golf Maintenance Contract - Mollymook NSW, 18 holes

First Major Racecourse Maintenance Contract - Royal Randwick, NSW

2008

Becomes part of Programmed Property Services

2012

First government based contract - Fiji Natadola Bay

Programmed Turnpoint customers in the golf & horseracing industry benefit from complete professional contract management & turf expertise that combines: • A strong history of successful delivery & experience, with • Augmented capacity, broader capabilities & services


Programmed Turnpoint leverages a strong history of successful delivery in the Golf and Horseracing Industry. Our national-based business offers you broad resources, geographic reach and expertise for an outstanding race and golf course. (Top: Randwick Racecourse NSW, Bottom: Cape Wickham, King Island TAS)

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Golf Course Construction We've been responsible for many well-known and top ranked golf courses in Australia and overseas. To deliver your worldclass golf course, we combine a deep passion and understanding of the game with specialist construction skills.

Entrust your vision for a world-class golf course to Programmed Turnpoint. We'll ensure the highest possible standards delivered ontime and on-budget. Our expertise is well-honed and we've worked alongside renowned golf course designers, clubs and developers to deliver quality builds with high standards of play. Golf Course Construction We know the undertaking and investment involved with building a new golf course is immense. That’s why we assure you of the best skill and equipment within the industry able to provide you the spectacular course you desire. Working closely with golf course architects, designers, club owners and managers, we will deliver each unique vision to a tee. Specialist equipment and skill Be it building a course from scratch, reconstructing or remodelling, we have all the necessary skill and equipment. We undertake, and deliver with equal success, projects of all scale and size For excellent playability, we implement grassing, grow-in and irrigation that take into consideration weather, soil condition and play requirements to achieve the best playing surfaces possible. Meanwhile, our specialist shapers will build your golf course features with patience, passion and attention to detail. From initial site preparation to Opening Day, we’ll ensure your golf course is presented to a standard befitting of your club's stature, with unique features that are second to none.

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From initial site preparation to Opening Day and continued play thereafter, we’ll ensure your golf course is always presented to world class standards with features that are unique and second to none. (Cape Wickham Golf Course, TAS)

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Golf Course Maintenance Astute maintenance gives you greater control and ability so you always showcase a world-class golf course. Work with a partner whose maintenance expertise will deliver the highest possible standards for playability and presentation.

Golf courses are anything but static. They change over time and evolve with use. A planned programme for maintenance will ensure your course is in exceptional condition all year round. In consideration of the nature of your facility, maintenance is scheduled around seasons, weather and events. These promote peak growth, capitalise on climate conditions and mitigate the impact of footfall or traffic on course features during key events such as race days.

Equipment Bolstering this is a broad inventory of equipment. We purchase equipment specifically allocated to your course for daily maintenance and provide you ready access to an expanded range of equipment that we maintain for specialist projects. National-Scale Operations

Capability and Expertise Your golf course will benefit from the expert capabilities we bring as professional golf maintenance specialists. Our team has worked on golf courses of various scale and size across Australia and the Asia Pacific. We possess a collective pool of knowledge and experience that will enable you to make informed decisions necessary for your club and course to stay at the top of the game. Challenges such as poor soil condition, disease and weeds can also be quickly overcome through the sharing of key learnings and experiences. If there comes a time where you want to lift the ante on the challenge and playing conditions of your course, we can also assist with design improvements, tee reconstruction or entire hole rebuilds. Such upgrades maintain the functionality of your course and deliver better value so you enjoy maximised benefits for longer without excessive spending.

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The size and scale of our national operations provides you buying power and capabilities able to keep your course competitive. We also have the resources and proven capability to immediately mobilise large scale projects with successful results. We are well-supported and able to pro-actively respond to any changes in the operating and regulatory environment to assure you of continued levels of service both from an operational and management level. Novation of Risks and Responsibilities When we undertake the role of maintaining your golf course, we also assume all responsibilities associated with this task. This includes managing the related administration, human resource and occupational health and safety functions as well as their related risks. You'll be free to better focus on your club and members instead.


Clockwise from top left: Magenta Shores NSW, Port Douglas QLD, Sandhurst Champions Course VIC

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A Funding Model for Maintenance Programmed Turnpoint makes maintenance affordable and sustainable. Fixed and transparent cost schedules facilitate simplified budgeting. Forward funding teams course upgrades with maintenance to make immediate improvements possible.

Fixed Known Costs Maintenance programming does more than just ensure first class greens and fairways. It clearly maps out costs associated with maintenance to facilitate efficient budgeting by making known costs in advance. Any repairs, refurbishments or upgrades are identified as part of the programme so that they can be planned for financially and methodically implemented operationally. Forward Funding Model with the Opportunity to Amortise Costs Programmed provides customers a unique long-term maintenance programme that allows you to implement projects necessary to keep your Club competitive. The improvement works are completed up front and built into the maintenance programme. Meanwhile, costs are spread out over a period of time in conjunction with maintenance. This allows you to maximise opportunities for usage and revenue while ensuring your course is maintained and presented to the highest level. There is also flexibility to tailor repayment amounts and intervals to suit your needs Should your requirements change during the course of this contracted period, you have the flexibility to review the scope of work and/or negotiate a new contract.

Achieve up-front improvements and upgrades to keep your course competitive and amortise the costs of these by building the works into a maintenance contract. (Kooindah Waters, Wyong, NSWI

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Classic Programme An up front work schedule with periodic payment. This Programme is ideal for situations where a major redevelopment or refurbishment project is needed. It provides for the bulk of the work to happen immediately, while payment is evenly distributed over the entire life of the programme. In this way, it ensures the greatest aesthetic impact on your course can occur as quickly as possible.

Programme of Work Year

1

2

3

4

5

Irrigation System Upgrade

-

-

-

-

Bunker Upgrade

-

-

-

-

Cart Path Upgrade

-

-

-

-

Course maintenance per schedule

Cost of Work Year

1

2

3

4

5

Irrigation System Upgrade

200,000

-

-

-

-

Bunker Upgrade

100,000

-

-

-

-

Cart Path Upgrade

250,000

-

-

-

-

Course maintenance per schedule

600,000

600,000

600,000

600,000

600,000

Total Value of Work in the Year

1,150,000

600,000

600,000

600,000

600,000

710,000

710,000

710,000

710,000

710,000

Amount invoiced per annum

A example of how the Classic Programme could be typically implemented to incorporate programmed maintenance and up-front improvements at a golf course.

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Race Course Maintenance Racecourses are constantly in the public eye. With a total property solution from Programmed Turnpoint, your race course will be sure to impress. Our expertise will ensure your race track, course proper and turf racing surface always performs at its best.

From remodelling, renovating, construction and maintenance, you’ll have specialists working for you whose enviable track record include premier racecourses like NSW's Warwick Farm and the Royal Randwick Race Course. A showcase racecourse that is world class in looks and quality As your core asset, your racecourse takes centre stage at each race. Knowing this, we ensure you always showcase healthy turf characterised by thick cushioning and a robust ability to withstand constant traffic.

Specialist maintenance benefits at your service • Readily deployable dedicated teams experienced in both operational and management aspects of racecourse maintenance • Proven success and experience managing specialist turf • Specialist high precision skills, knowledge and equipment for earthworks, growing, drainage and turf management • Broad equipment inventory • National procurement advantages • Novation of risks

We plan all maintenance, from topsoil, growing, harvesting, laying and establishment to irrigation and drainage around seasons, climate and weather. And we plan maintenance around events because we recognise, above all, that your facility is a premier destination for events. So we make certain of world class quality turf you can be proud of before each race or event. But after the excitement and the crowds, your turf will still retain its good looks and health despite its heavy use.

• Stringent and robust Occupational Health, Safety and Environment management systems

Looking after all your ancillary facilities too

Achieve maximum functionality, value and impact for your race course with our flexible payment options. Implement your desired course upgrades, reconstruction or construction and amortise the cost of these over a period of time by combining these improvement works with long-term maintenance. Make this work further by determining payment schedules and amounts to suit your requirements.

We believe in all-round maintenance. So our expertise and service extends to all ancillary areas. Entrust your trotting and training tracks as well as surrounding grounds or gardens to us to make your venue truly superior.

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• A team of seasoned professionals within the Programmed Group on hand to assist with human resource and legal support at critical contract periods such as contract transitioning Leverage Programmed's unique forward funding model to immediately achieve an outstanding facility


Randwick Race Course, Sydney

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A Snapshot of Our Customers Our Golf and Horseracing Sector expertise spans close to 15 years. In this time, we have delivered outstanding race and golf courses. Our abilities continue to evolve in anticipation of customer requirements for increasingly sophisticated maintenance needs.

National footprint, local knowledge

A quick snapshot of our customers:

Programmed Turnpoint has worked in partnership with customers to build and maintain facilities across the country and overseas. Such experience equips us with important local knowledge, the value of which cannot be underestimated. The ability to combine physical reach and capability with an intimate understanding of the local community, industry and environment significantly enhances our delivery outcomes; and has led to us being engaged for specialist projects at leading golf and race courses.

Golf Course Construction

Golf Course Maintenance

Racecourse Maintenance

Magenta Shores

Sea Temple Golf Course

Royal Randwick

Kooindah Waters

Palmer Sea Reef

Warwick Farm

Black Bull Golf Course

The Links Kennedy Bay

The ELS Club

Kooindah Waters Golf Club

The Sands

Denarau Golf & Racquet Club

The Ridge

Magenta Shores Mollymook Golf Club

Sandhurst Golf Club & Champions Course

Sanctuary Lakes Resort

Natadola Bay Golf Course

Geelong Golf Club

The Dunes, Port Hughes

St Andrews Beach Golf Course

Cape Wickham Links, King Island

Black Bull Golf Course The Ridge Sandhurst Golf Club & Champions Course

Programmed is well-placed to assure you of fast, efficient service and consistent outcomes.

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(Top: The Ridge Golf Course NSW; Right and Bottom: Randwick Racecourse NSW

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Service Delivery Designed To Exceed Expectations Our strong financial standing, history, breadth of service and geographical reach provides our customers, many who have been with us for a long time, assurance of reliability and service.

Insight and understanding

Service delivery overview

Your golf and race course needs to perform at its best at all times. We provide expert project management and assure you of a dedicated, closely aligned delivery team. Regular reporting supports the process. Every aspect is seamlessly streamlined. Delivery is of high quality, safe, within schedule and on-budget.

Consultative and Collaborative Partnerships. These are crucial foundations for an accurate understanding of your needs. We proactively programme works around these, and strategically align approach with your desired outcomes, values and objectives.

End-to-end maintenance management within a single organisation delivers a comprehensive seamless service and intrinsic value.

We provide the following to meet your Golf and Racehorse Industry sector-specific requirements: • Scheduled works and practical completion deadlines that work around training sessions and shut down periods • Liaison with Club Owners and Managers, Designers, Architects, key stakeholders and other third parties • Compliance to a standards document and brand manual as well as OHS, risk and environment policies

Proactive Management, Assurance and Assumption of Risk Mitigation. Intuitive management that actively identifies and mitigates risk related issues. Open Communication encourages feedback and continuous process or service delivery improvements.

Transfer of Knowledge. Leveraging project intelligence from current and past contracts to achieve process improvements or cost savings not otherwise immediately obvious.

• Work entailing familiarity with council, building and work permits, and ability to ensure compliance

Asset Audits and Improvements, Data Capturing, Reporting for visibility of any improvement works completed or required.

• The need for innovative solutions to minimise disruption to daily operations

• Strict safety protocols and adherence due to work being conducted in close proximity to trainers, horses, visitors and high traffic areas

Flexible Payment Programmes with cost amortisation options so the bulk of work can happen up front so you achieve immediate/maximum impact. Precise Implementation of maintenance, project management as well as any procurement according to a provided plan.

Simplified communication and delivery structure We assign a Project Manager as a one-point-of-contact to your project for personal service and expertise that alleviates any project/contract complexity. Service delivery is flexible, tailored to meet requirements and features: • 24/7/365 availability • Expedient turnaround for operational efficiency • Streamlined communication and continuity throughout the project In all aspects of our service, we deliver: Consultation

Design

Construct

Delivery

Information Management

Programme Maintenance

These are underpinned by our commitment to: Strong Project & Client Relationship Management

Supporting these are robust: • Operational capabilities and capacities • Design capabilities • Strategic planning capabilities • Technical, legal and advisory resources • Sustainable and innovative solutions • Pre-negotiated national supply arrangements at competitive prices

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(Cape Wickham Golf Course TAS)

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Past and Current Projects

Golf Course Construction

Golf Course Construction

 

Left: The Sands, Torquay. Right: Natadola Bay Championship Golf Course, Fiji.

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Left: Magenta Shores Golf & Country Course. Top rIght: Magenta Shores Golf & Country Course. Bottom right: Kooindah Golf Course NSW

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Past and Current Projects

Golf Course Maintenance

 

Left: The Ridge Golf Course. Right: Mollymook Golf Club

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Top left: The Links, Kennedy Bay. Top right: Denarau Golf Course. Bottom: Sea Temple Resort & Spa, Port Douglas.

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Race Course Maintenance

 

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Royal Randwick NSW

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Safety We cohesively manage Quality Assurance, Occupational Health and Safety, Risk and Environment as a unified whole. We do not compromise the costs of safety, quality, risk or the environment in order to secure a project. Our commitment to these principles starts before we even submit a quotation to you.

Quality Assurance Safety Culture At Programmed Turnpoint, we believe that all incidents are preventable and are therefore committed to the goal of ‘Zero Harm’. This commitment is passed onto our customers. We base our systems on a proprietary Integrated Management System (IMS) built upon international and Australia-New Zealand standards and designed to ensure our customers’ Duty of Care is protected in all our operations. Our behavioural safety programme is based on four Safety Beliefs and 13 Lifesaving Rules supported by a safety vision, ‘That no one who works for Programmed is ever injured’. These are intended to align with our customers’ safety standards and expectations. Across the Programmed Group, 13 Critical Risk Standards standardise the approach to and management of Occupational Health and Safety. Safe Work To ensure the safety of employees and all others that may be affected by our activities at work sites, we have Safe Work Method Statements covering processes, general hazards and associated risks that may be encountered. Standard Work Procedures guide how we implement and manage operations, processes and equipment. Prior to the commencement of projects, we identify site-specific hazards and controls these generic statements may not include by conducting Toolbox Meetings, Risk Assessments and pre-start Job Safety and Environment Analysis (JSEA). JSEAs are required at the start of each day and/or new job. If more than one job is started in a day, then more than one JSEA will be required.

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To ensure a high level of quality, control check measures are established at critical points of transition from documentation through to on-site servicesm such as: • On-site supervision commencing with pre-works planning in liaison with the client • Scheduling of the non-disruptive work times

A Cohesive and Integrated Management System based on Australian-New Zealand and International Standards Our management systems are built on the following standards: • ISO9001 - Quality Management Systems • ISO14001 - Environmental Management Systems • AS/NZS 4801 and OHSAS 18001 - Occupational Health and Management Systems

• Arranging appropriate site access Insurance Sustainability and Environment For long-term sustainability, we recognise that it is essential to responsibly manage the potential environmental impact of our activities so that we contribute effectively to the conservation, or where possible, betterment, of the environment within which we work. We undertake to comply with, or surpass, all legal requirements in areas where we carry out our business. Our commitment to sustainability extends to responsible business practices, goods and services, processes and systems, people and community. We make every effort to ensure that Programmedconducted operations, wherever they take place, are non-polluting, conserving of energy and natural resources, economically efficient, safe, healthy, as well as socially and environmentally responsible. We take every opportunity to reduce, re-use and re-cycle materials in all business activities.

Programmed has appropriate levels of insurance coverage: Programmed Insurance Summary Insurance Category

Insurer

Policy Number

Limit of Liability/Indemnity

Public Liability

QBE Insurance Australia Limited

AV0027143PLB

$20 million (per claim & in the aggregate)

Contract Works

HSB Engineering Insurance Limited

SP25237-E

$20 million (per claim & in the aggregate)

Professional Indemnity

QBE Insurance Australia Limited

AV0040248PID

$20 million ($40 million in the aggregate)

Motor Vehicle

QBE Insurance Australia Limited

AVA534518MVA

Programmed MV’s - market value; rd 3 Party Property Damage - $30 million

Industrial Special Risk

QBE Insurance Australia Limited

AVA059687ISR

$10 million (per claim & in the aggregate)

WorkCover

---

WAB130721270

As per legislative requirements


Programmed’s LTIFR as a group for FY 2015 was 1.7 27


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