Head Office Refurbishment Regulatory Proposal

This document is a regulatory proposal concerning the refurbishment of the head office for CitiPower, Powercor, and United Energy, located in Melbourne's central business district. It outlines the identified need for refurbishment due to the current head office's aging facilities and inadequacies in meeting modern workplace standards, particularly following the shift to hybrid work environments post-COVID-19. The proposal includes an options analysis, presenting three potential strategies: maintaining the status quo, refurbishing the head office, or relocating to a new site. The preferred option is to refurbish the current head office, which is expected to enhance employee productivity and satisfaction by modernizing the workspace and accommodating new working arrangements. The document details the costs associated with the refurbishment and highlights the benefits of addressing the identified risks linked to the existing facilities. It emphasizes the importance of creating a functional and efficient workspace that meets current employee needs and expectations.