Federal Spending Explorer

Contract notice CN4152972 · Department of Foreign Affairs and Trade

Property Lease

$2.0m whole-of-life value, after 1 amendment

+$1.1m (+124.4%) since first published at $887k

Supplier
RAM Ann Street Diversified Property Nominees Pty Ltd ABN 30662158349
Agency
Department of Foreign Affairs and Trade
Procurement method
limited tender
Exemption
App A: 1. Leasing of immovable property or any associated rights.
Term
2024-07-01 to 2026-03-31
Published
2025-05-23
Category (UNSPSC)
80131500
Kind of work
Property and facilities (high confidence) AI-classified
Agency reference
4600022565

Worth a closer look

Published long after it started: published 326 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: +124% 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
2024-25$1.1m
2025-26$854k

Published versions

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

DateVersionValue
2025-05-23original notice$887k
2025-10-08amendment$2.0m