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Follow the links below to find material targeted to the unit's elements, performance criteria, required skills and knowledge
Elements and Performance Criteria
- Purchase water
- Prepare to sell water
- Identify conditions to sell water according to regulatory requirements and confirm water quantity eligible for sale
- Developstrategy for selling water, and sequencing water sales if required
- Undertake risk analysis associated with proposed water sale
- Determine quantity, class and type and price range of water product to be sold
- Identify platforms, water brokers and other trading options to sell water
- Identify and calculate fees, commissions and other costs related to water sale
- Seek legal, financial and other relevant advice related to proposed sale water if required
- Monitor water market for product releases, pricing and other variables that affect water purchase
- Confirm water product offered for sale meets regulatory requirements and is priced competitively
- Check and confirm terms and conditions for contract of sale
- Commit to sell water, select water trading platform and/or broker or othermethod to sell water, and list water for sale
- Accept suitable purchase offer, complete water transaction, confirm payment and other regulatory reporting requirements
- Confirm water transaction has been lodged with regulatory authority
- Undertake ongoing requirements that apply to the water trade, if required
- Undertake preliminary research
- Prepare for water purchase
- Research water market and identify water products that are suitable and available in trading areas
- Undertake risk and cost benefit analyses to determine return on investment associated with proposed water purchase
- Develop strategy for purchasing water, and sequencing water acquisition if required
- Determine quantity, type and price range of water product required
- Identify platforms, water brokers and other trading options to purchase water
- Identify and calculate fees, commissions and other costs related to water purchase
- Seek legal, financial, agronomical and other specific advice related to proposed water purchase as required
- Monitor water market for product releases, pricing and other variables that affect water purchase
- Select and confirm water product chosen is available, within budgeted price range, and meets specific regulatory requirements for buyer's proposed use
- Select water trading platform and/or broker or method to purchase water, and apply to purchase and use water if required
- Check and confirm terms and conditions for sale
- Complete water transaction, payment and other regulatory reporting requirements, including options for financing
- Confirm water transaction has been lodged with regulatory authority
- Undertake ongoing requirements that apply to the water trade, if required
- Determine water available for sale
- Check balance available for sale
- Research current season water outlook and identify possible allocation for new season
- Identify water pricing and availability trends
- Undertake cost benefit analysis to determine whether to carryover or sell water
- Decide water product and quantity proposed for sale and/or retention
- Identify conditions to sell water according to regulatory requirements and confirm water quantity eligible for sale
- Developstrategy for selling water, and sequencing water sales if required
- Undertake risk analysis associated with proposed water sale
- Determine quantity, class and type and price range of water product to be sold
- Identify platforms, water brokers and other trading options to sell water
- Identify and calculate fees, commissions and other costs related to water sale
- Seek legal, financial and other relevant advice related to proposed sale water if required
- Monitor water market for product releases, pricing and other variables that affect water purchase
- Confirm water product offered for sale meets regulatory requirements and is priced competitively
- Check and confirm terms and conditions for contract of sale
- Commit to sell water, select water trading platform and/or broker or othermethod to sell water, and list water for sale
- Accept suitable purchase offer, complete water transaction, confirm payment and other regulatory reporting requirements
- Confirm water transaction has been lodged with regulatory authority
- Undertake ongoing requirements that apply to the water trade, if required
Performance Evidence
Knowledge Evidence