Federal Spending Explorer

Contract notice CN4031500 · Department of Finance

JGB Flood Recovery project

$5.2m whole-of-life value, after 1 amendment

+$4.1m (+347.8%) since first published at $1.2m

Supplier
Ventia Property Pty Ltd ABN 16618028676
Agency
Department of Finance
Procurement method
open tender
Term
2024-01-24 to 2025-06-30
Published
2024-01-30
Category (UNSPSC)
80101600
Kind of work
Property and facilities (high confidence) AI-classified
Agency reference
4400070405

Worth a closer look

Value increased after award: +348% 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
2023-24$1.6m
2024-25$3.6m

Published versions

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

DateVersionValue
2024-01-30original notice$1.2m
2024-10-04amendment$2.3m
2024-10-04amendment$5.1m
2024-10-04amendment$5.2m