Federal Spending Explorer

Contract notice CN4265574 · Department of Employment and Workplace Relations

New Lease - 50 Marcus Clarke St Canberra ACT 2600

$282m whole-of-life value, after 1 amendment

+$262m (+1317.9%) since first published at $20m

Supplier
WALKER ASSET HOLDINGS PTY LIMITED ABN 17126511242
Agency
Department of Employment and Workplace Relations
Procurement method
open tender
Term
2010-05-24 to 2021-05-23
Published
2026-07-31
Category (UNSPSC)
80131500
Kind of work
Property and facilities (high confidence) AI-classified

Worth a closer look

Published long after it started: published 5912 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: +1318% 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
2009-10$2.7m
2010-11$26m
2011-12$26m
2012-13$26m
2013-14$26m
2014-15$26m
2015-16$26m
2016-17$26m
2017-18$26m
2018-19$26m
2019-20$26m
2020-21$23m

Published versions

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

DateVersionValue
2026-07-31original notice$20m
2026-07-31amendment$282m