Water­pool in win­ning wa­ter bids

Shepparton News - Country News - - WATER -

The re­cent Com­mon­wealth En­vi­ron­men­tal Wa­ter Holder 20 Gl ten­der has re­sulted in Water­pool bids, on be­half of its mem­bers, gain­ing 4177 Ml (about 21 per cent of the avail­able wa­ter).

The weighted av­er­age price paid by Water­pool mem­bers was $291.37/Ml, with suc­cess­ful bids rang­ing from $310/Ml to $281.50/Ml.

Water­pool put a mem­ber-only ex­clu­sive of­fer to in­crease its chance of suc­cess in the ten­der, by of­fer­ing the op­por­tu­nity to com­bine any num­ber of smaller bids into larger bulk bids.

‘‘We were over­whelmed with the re­sponse from our mem­ber base, with 117 in­di­vid­ual bids to­tal­ing 19 607 me­gal­itres,’’ Water­pool chief ex­ec­u­tive of­fi­cer Peter Law­ford said.

‘‘This shows how strong the mem­ber base is and fur­ther en­hances the co-oper­a­tive na­ture of the Water­pool busi­ness,’’ he said.

‘‘We are so pleased for our mem­bers on the re­sult of this ten­der and our team here have re­ceived high praise for their ef­forts.’’

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