The program aims to empower small to medium-sized operators, including non-profit organizations, by addressing common barriers to accessing the capital needed for establishing or expanding operational sites.

Lease-to-own type arrangement:

• Agreement: Lease-to-own type agreement with COEX, known as a licence of goods arrangement.
• Duration: This lease lasts up to four years, depending on the operator's eligibility.
• Deposit: Operators must pay a deposit at the start of the arrangement. This will be the lower of 5% of the asset purchase price or $5,000.
• Monthly payments: Operators make monthly payments to cover the asset's cost. The standard formula for calculating monthly payments is:

• Variation of payment requests: Operators can request a variation to the standard monthly lease model by getting in touch with the COEX tenders team to discuss other options. Any changes to the standard monthly lease payment model will need to be clearly outlined within the ‘Financial Capacity’ section of the application pack under ‘COEX Asset Program’.
• Administration fee: A one-time administration fee is payable:
  • $495 for assets with a purchase price of $50,000 or lower.
  • $995 for assets with a purchase price above $50,000.

Ownership Opportunity: Once the operator has made payments equal to or greater than the asset's cost, COEX will issue a purchase option which will allow the operator to own the asset outright. This purchase option will only be issued if the below conditions are met:

• The operator is complint with the scheme’s safety requirements and standards.
• There is a high liklihood of continued operation within the scheme in the medium to long term.
• The asset will be utilised of the asset to contribute to the scheme's growth.

Length of arrangement: The program offers different lease lengths based on the operator's size (see section 5.6 for detailed eligibility criteria):

• Up to four years for small organisations and non-profits.
• Up to two years for medium organisations.

Ongoing asset maintenance costs: For assets requiring regular maintenance, such as RVMs, operators must establish an ongoing direct agreement with the manufacturer to maintain the goods according to the manufacturer’s guidelines. Failure to maintain the asset properly may result in a breach of the lease agreement, leading to forfeiture of the asset and any payments made to COEX. The COEX tenders team will assist in facilitating communications between the operator and the supplier to establish this direct agreement. COEX will review the asset's performance during quarterly reviews.

Insurance: Operators are responsible for holding asset insurance and public liability insurance at levels sufficient to satisfy COEX, which will depend on the asset. Operators must provide COEX with certificates of currency for relevant insurance policies and may require COEX to be noted as an interested party. 

Instructions to Applications:

Applicants should note the following instructions when preparing their Application.

• This application must be filled out completely and all required documents provided to ensure we can progress the application 
• If you have any questions about this application, please direct them to expansion@containerexchange.com.au 

Is the Applicant a Registered Charity or Not for Profit? 
(COEX is proud of the incredible social impact Containers for Change has already delivered for Queenslanders. we're inviting charities and community groups to become part of the Containers for Change program in Queensland as Container Refund Point Operators. 
This initiative isn't just about recycling containers; it's about supporting your community's goals. By participating, you can: 

• Drive Social Impact – Be part of a program that reduces waste and helps the environment. 
• Generate Revenue – Operate a refund point that provides a sustainable income stream to fund your community initiatives. 
• Get the Support You Need – COEX may take care of key operational aspects like maintenance, servicing, logistics and container pick up to make it as easy as possible for your group to succeed.

To be eligible, your organisation should: 

• Be registered with ASIC and have an ABN 
• Be registered as a Not-for-Profit or Charity (with an associated charity number) 
• Be a community-run incorporated association such as sports clubs or community interest group 
• Be willing to partner with our team to give your operation the best chance of success) 

Please attach the applicants:

1. Most recent audited Financial Statement/s, if available; two years preferred; OR
2. Financial Statements from the last 2 years

   (If the applicant is an existing Operator only the most recent Financial Year statement is required) 
   (if the applicant has no prior audited financials or statements, other financial supporting documents are to be provided) 

3. Bank statements of a business account showing sufficient capital to support a min of 6 months of payments and sufficient working capital to manage the new business
4. Financial Statements from the last 2 years

Queensland Container Refund Scheme – CRP Operator Asset Program Application Acknowledgment 
In submitting this Application to COEX, I, [Insert name of Applicant Representative], as an authorised representative of the Applicant, confirm and declare as follows: 

• This Application is true and accurate. 
• I understand that if any information provided is incorrect, there may be grounds to reject this application and rescind any contracts awarded on the basis of this information. 
• I confirm that I have obtained the express consent of any individuals related to this Application for COEX to perform relevant background and criminal history checks. 
• I declare that there are no known conflicts of interest in relation to this Application, or if there are any potential conflicts, they have been fully disclosed in the relevant section of this Application. 
• I confirm that I am authorised to make this application on behalf of the Applicant and have obtained all necessary consents required for this application.