Share on LinkedInShare on LinkedIn

ARTICLE · 15 DECEMBER 2015

New property guidelines for Commonwealth leases: ensuring your next property procurement complies

In October 2015, the Cth Department of Finance released new Guidelines for the Commonwealth lease endorsement process.

AustraliaGovernment, Public Sector

Key Points:

Agencies will now need to consider surplus space options upfront, and factor the potential requirement for a Local Impact Assessment into their procurement strategy and timeline, including additional costs.

In October 2015, the Department of Finance released new Guidelines for the Commonwealth lease endorsement process.

Who do the Guidelines apply to?

Non-corporate Commonwealth Departments and Agencies subject to the Public Governance, Performance and Accountability Act 2013 must follow the Guidelines where their lease procurement is expected to have a whole of life costing of more than $2 million (excluding fitout). The Guidelines also apply to the Department of Defence. The Guidelines replace the previous Finance Guide that was issued in 2014.

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

See more popular content from