Request for Quotation – Capital requirements of Australia’s agriculture, fisheries and forestry sector

This Request for Quotation (RFQ) is seeking services to understand and address the capital requirements of Australia’s agriculture, fisheries and forestry sector as part of the AgriFutures National Rural Issues Program.

The aim of this project is to provide AgriFutures Australia with an analysis to quantify the current capital shortfall in Australian agriculture and highlight key opportunities to attract investment, including alternative approaches.

The RFQ submissions close 5pm (AEST) Wednesday, 8 April 2020.

Background

The Australian agricultural sector has identified a significant shortfall in capital required to fuel growth to drive the industry towards the $100 billion farm gate value by 2030. This is reflected in Pillar 5 of the National Farmers’ Federation 2030 Roadmap, which identifies risk management (5.1), access to capital (5.2) and the need for innovation to manage volatility (5.3) as critical factors in delivering on the roadmap vision.

The sector would benefit from understanding the level of capital investment needed to grow Australia’s agriculture, fisheries and forestry sector to $100bn. This includes updated national data on the capital shortfall and some analysis of recent trends and sources of capital.

The ANZ Greener Pastures: The Global Soft Commodity Opportunity for Australia and New Zealand work explored this in 2012. There is an opportunity to understand the current state of play of investment flows in and around Australia, particularly in the context of the sector target of reaching $100bn in farm gate value by 2030.

Project requirements

This RFQ is seeking services to undertake an analysis to quantify Australia’s capital shortfall over the next 10 years and highlight key opportunities to attract investment, including alternative approaches to investment. In addition to understanding the size of the capital investment gap, the analysis should also canvass options for governments, industry, farm businesses and the value chain to attract new capital to the industry, to reduce volatility and risk, and support growth.

The deliverable is a report targeted at government, industry and the wider economy and should explore practical recommendations for change. The final report is to be submitted to AgriFutures Australia using the AgriFutures Australia report template and will be designed at no cost to the service provider.

Timeline

Date                                             Activity

18 March 2020                             RFQ application open

8 April 2020                                  RFQ applications close

27 April 2020                                Expected execution of contract or issue of agreement

30 September 2020                   Expected project completion date

AgriFutures Australia believes that the project should be completed within five months. If a longer timeframe is required, the Tenderer should explain why that is the case.

Terms and conditions

By submitting an application, respondents acknowledge that they are willing to accept the terms and conditions set out in the Provider Agreement.

The Respondent agrees that AgriFutures Australia may accept or decline to accept the Respondent’s Quotation in its discretion. No commitments or contract exists until a contract in the form of the Provider Agreement is executed by both parties. The Respondent agrees that AgriFutures Australia is not required to enter into any contract in connection with the RFQ.

The Respondent agrees that participation in any stage of the RFQ process is at the Respondent’s sole risk and cost.

Acceptance of a Quotation will occur only when an Agreement is issued or a contract is executed.

AgriFutures Australia, at its discretion, may discontinue this RFQ, decline to accept any Quotation, decline to issue any contract or satisfy it requirement separately from this RFQ process.

How to make a submission

Responses to the RFQ are to be submitted online via Clarity.

AgriFutures Australia business with the applicant is facilitated by the online project management system Clarity. This system manages all stages of project administration.

Preliminary Research Proposals must be submitted online using Clarity. Users must create a Clarity account before submitting a proposal. If you have previously submitted an application via Clarity please use your existing name and password alternatively if your Research Organisation already exists in clarity, please use New User Request online form and we will assign your profile to that Research Organisation

New User Request

If your Research Organisation does not already exist in clarity, or you are unsure, please use the New User and Company Creation Request to create a New Research Organisation and User account simultaneously.

New User and Company Creation Request

 

User guide for submitting a Preliminary Research Proposal:

The Clarity submission approval process requires both the Principal Investigator and Administration Contact to approve the Preliminary Research Proposal, we advise allowing time for this process to occur.

For further assistance with navigating Clarity during your project application, refer to the Clarity resources and templates in the first instance.

 Apply now

Contact

If you have any questions about the RFQ process or requirements in the management services, please contact:

Jennifer Medway

Senior Manager, Business Development

jennifer.medway@agrifutures.com.au