Queensland Upper Condamine Alluvium groundwater purchase tender now open
The Australian Government today opened a new groundwater purchase tender in the Queensland Upper Condamine Alluvium. Interested groundwater licence holders have until 10 February 2016 to make an offer.
The tender will be open to owners of groundwater water licences from all four sub-areas of the Central Condamine Alluvium and to owners of tradable groundwater licences in the Dalrymple Creek Alluvium Groundwater Management Area and Oakey Creek Groundwater Management Area.
This tender is designed to help protect the agricultural productive base of the Queensland Upper Condamine Alluvium. All groundwater purchased under this tender will remain in the aquifer to help ensure the longevity of agriculture in this area.
This groundwater purchase tender will not contribute to the basin-wide 2750 gigalitre (GL) surface water recovery target.
It will, however, help to deliver on the government’s commitment to reduce the maximum allowable groundwater take in the Queensland Upper Condamine Alluvium by 40.4 GL to bring use within the groundwater sustainable diversion limits.
There remains a need to recover some groundwater in the Upper Condamine Alluvium and these purchases are an important step towards long-term sustainability for groundwater irrigators in the region.
There is a budget of $10 million for this groundwater purchasing round. The licences will be bought at competitive market prices and must represent value for money for the Commonwealth.Further information, including the Request for Tender document and application form, is available at www.environment.gov.au/waterpurchasing or by calling 1800 218 478.