Licence to Commercialise SARDI 37714 Woolly Pod Vetch Awarded to Synergy Seeds Pty Ltd

Awarded 27 Jun 2024

View live tenders
Awarded27 Jun 2024
Value$0.00
StateSA
CategoryAgriculture & Farming
Expires in 3y 3mo5y 6mo term, 41% elapsed
Awarded 27 June 2024Expires 30 Dec 2029

Primary Industries and Regions South Australia awarded a contract to Synergy Seeds Pty Ltd for a licence to commercialise the SARDI 37714 woolly pod vetch (Vicia villosa) variety.

The contract required the supplier to produce certified seed, maintain the integrity of the variety, prepare a marketing plan to market the variety and report against that plan annually.

The exclusiveness of the licence was negotiable to enable broader market penetration, including potential export markets.

The initial licence term was five years with a right of renewal for a further five years by agreement.

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