Federal Spending Explorer

Contract notice CN3972762 · Department of Foreign Affairs and Trade

Property Lease Agreement

$6.9m whole-of-life value, after 1 amendment

+$5.9m (+593.1%) since first published at $994k

Supplier
NEWSEC DATEA AS
Agency
Department of Foreign Affairs and Trade
Procurement method
limited tender
Exemption
App A: 8. Procuring outside Australian territory for consumption outside Australian territory.
Term
2022-06-01 to 2035-06-30
Published
2023-06-09
Category (UNSPSC)
80131500
Kind of work
Property and facilities (high confidence) AI-classified
Agency reference
4600008197

Worth a closer look

Published long after it started: published 373 days after start. The Commonwealth Procurement Rules require agencies to report contracts on AusTender within 42 days of entering into them.

Common explanations: A start date set earlier than signing, to cover work under an earlier arrangement. A lease or agreement republished under a new notice when it was renewed or varied. Administrative delay in reporting.

Value increased after award: +593% on first published value. Agencies must publish amendments that change a contract’s value. Large increases can mean the original scope or price was understated.

Common explanations: Additional work or an extended term agreed after award. Options in the original contract that were later taken up. A correction to a value entered wrongly.

Value by financial year

The total value spread evenly from start to end date. estimate: annualised

Financial yearEstimated amount
2021-22$43k
2022-23$526k
2023-24$528k
2024-25$526k
2025-26$526k
2026-27$526k
2027-28$528k
2028-29$526k
2029-30$526k
2030-31$526k
2031-32$528k
2032-33$526k
2033-34$526k
2034-35$526k

Published versions

Every version of this notice we have loaded. Source: AusTender OCDS API.

DateVersionValue
2023-06-09original notice$994k
2025-03-06amendment$1.5m
2025-03-06amendment$6.9m