Flinders unallocated water release
On 16 January 2023, response submissions closed for Stage 2 – Tender Application Competitive: Part B of the Terms of Sale.
The department is now assessing the tenders against the requirements for Stage 2 – Competitive Tender Assessment of the Terms of Sale.
In response to a high level of demand for water in the Flinders River Catchment area we have released 110,000ML of general reserve unallocated water for purposes which relate to 'rural' or 'any' within the Gulf water plan area.
This is surface water from watercourses (including tributaries) and overland flow water that will support agricultural development and stimulate investment and growth in the Flinders River catchment area.
This water has been accounted for and set aside for consumptive use through the water planning process. It is therefore within the sustainable limits for extraction from the system during the times of water flow.
The tender process
Stage 1: Preliminary tender applications closed on 30 June 2022.
Stage 2: Tender Application Competitive: Part B closed on 16 January 2023.
Stage 2: Competitive tender assessment commenced on 17 January 2023 and is ongoing.
A successful tenderer under Stage 2: Competitive tender assessment will be offered a Call Option Deed to buy a water licence under Stage 3A: Call Option Deed – Offer. The use of the call option is to ensure that the water licence is not granted until the tenderer has satisfied certain preconditions. The aim of the preconditions is to ensure that the water entitlement will be used for the purpose and capacity applied for under the tender process.
- Terms of sale, dated 14 April 2022 (PDF, 1.7MB)
- Flinders River catchment area of release for general reserve unallocated surface water map (PDF, 331KB)
- Queensland Globe Flinders unallocated water release map
Stage 2: Competitive tender assessment
Eligible tenderers have been invited to stage 2 and the department will assess one Tender Application Competitive: Part B at a time in order of bid price starting with the highest ranked bid price. The assessment is important to ensure the water use is consistent with the outcomes of the Gulf water plan.
Stage 3A: Call option deed – Offer
We will offer successful tenderer(s) a call option deed to buy a water licence.
To accept the offer, the successful tenderer must pay the option fee and sign the call option deed and return it to the department by the due date.
If there is any remaining water available after the first successful tenderer has signed a call option deed, another bidder in stage 2 may be asked to revise their water product consistent with the remaining volume available.
Stage 3B: Call option deed – Grant of water licence(s)
We will grant the water licences in accordance with the terms in the call option deed upon satisfactory completion of all the call option conditions and payment of the balance purchase price.
- Last reviewed: 29 Jul 2022
- Last updated: 16 Feb 2023