PEEL Valley irrigators have been given a small window of opportunity to purchase a share of 400 megalitres of water.
The Commonwealth Environmental Water Holder is selling the water after concluding it was not required to fulfil environmental needs.
The valley’s irrigators have until 3pm today to lodge their bids with the agency, which is tasked with managing extractions from the Murray-Darling Basin.
The tender process only opened yesterday.
“Potential buyers will nominate the volume of water they would be interested in buying and the price per megalitre they would be willing to pay,” a spokesman said.
“If there are suitable offers, we will work with the buyers offering the best prices to complete trades.”