NBN has signed new construction contracts that it claimed will speed up the rollout of the National Broadband Network to another 4 million homes and businesses. Contracts have been signed with Downer, Fulton Hogan, Transfield, Visionstream, and WBHO. These companies will connect premises using fibre-to-the-node, fibre-to-the-building, or fibre-to-the premises technologies. The new multi-technology Integrated Master Agreement (MIMA) replaces the Network Services Master Agreement (NSMA). NBN, formerly NBN Co, said the new performance based contracts is a departure from the old commercial model which guaranteed large volumes of work to suppliers in specific states and regions regardless of performance. They also placed a high administrative burden upon suppliers as well as no competition for work. Instead, the new contracts offer flexible volume commitments, competition between delivery partners, and pricing based on outcomes rather than inputs, according to NBN. NBN CEO, Bill Morrow, said this means the performance of the company’s construction partners, the quality of their work and adherence to safe work practices will determine how much additional work they will receive. “We have worked closely with the industry to reduce the complexity of out contracts to make them easier to administer and to reward good work as we gear up to accelerate the rollout,” he said. Contracts with additional suppliers are also being negotiated and nearing conclusion. NBN earlier this month said it had connected around 1 million premises to the national broadband network. Related content brandpost Sponsored by SAP When natural disasters strike Japan, Ōita University’s EDiSON is ready to act With the technology and assistance of SAP and Zynas Corporation, Ōita University built an emergency-response collaboration tool named EDiSON that helps the Japanese island of Kyushu detect and mitigate natural disasters. By Michael Kure, SAP Contributor Dec 07, 2023 5 mins Digital Transformation brandpost Sponsored by BMC BMC on BMC: How the company enables IT observability with BMC Helix and AIOps The goals: transform an ocean of data and ultimately provide a stellar user experience and maximum value. By Jeff Miller Dec 07, 2023 3 mins IT Leadership brandpost Sponsored by BMC The data deluge: The need for IT Operations observability and strategies for achieving it BMC Helix brings thousands of data points together to create a holistic view of the health of a service. By Jeff Miller Dec 07, 2023 4 mins IT Leadership how-to How to create an effective business continuity plan A business continuity plan outlines procedures and instructions an organization must follow in the face of disaster, whether fire, flood, or cyberattack. Here’s how to create a plan that gives your business the best chance of surviving such an By Mary K. Pratt, Ed Tittel, Kim Lindros Dec 07, 2023 11 mins Small and Medium Business IT Skills Backup and Recovery Podcasts Videos Resources Events SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe