01
Executive overview
Key findings
A$534.8 million: capital expenditure in FY 2025-26, against a A$747.3 million budget
A$735.2 million: capital work contracted but not yet delivered at 30 June 2026 (contracted commitments)
Five projects estimated above A$1 billion each: Wyaralong Water Treatment Plant, Northern Pipeline Interconnector Stage 3, and the North Pine, Somerset and Wivenhoe dam upgrades (indicative, including owner's costs, August 2026)
12 November 2026: closing date for expressions of interest in two new engineering panels
02
Buyer relevance
Who the report is for
Engineering consultancies
Prepare for the two engineering panels closing on 12 November 2026 and the business case work on five projects above A$1 billion.
Treatment equipment and process suppliers
Locate Wyaralong at the investment decision stage, the two shortlisted consortia, and the Mt Crosby and regional plant upgrades.
Asset renewal contractors
Size the sustaining capital panel at about A$200 million a year, with packages of A$2–15 million and named projects at Lowood, Capalaba and Kooralbyn.
Civil and dam subcontractors
Identify the main contractors already on site: John Holland at Lake Macdonald, SRG Global Civil at North Pine and CPB Contractors with NACAP on Toowoomba to Warwick.
03
Decision scope
Questions answered
How does Seqwater buy?
Through the Zycus Supplier Network, live since March 2026, the Queensland Government Supplier Portal for open tenders, and panels such as sustaining capital at about A$200 million a year.
What is open now?
Expressions of interest for two engineering panels close on 12 November 2026, with shortlisting expected in early December.
How much is Seqwater spending?
Capital expenditure was A$534.8 million in FY 2025-26 against a A$747.3 million budget, and supplies and services were A$331.2 million.
Which large projects are coming?
Wyaralong, the NPI-3 northern interconnector and the North Pine, Somerset and Wivenhoe dam upgrades are each estimated above A$1 billion.
04
Inside the report
Inside the complete report
1. The Account at a Glance
2. Organisation and Decision-Making
3. Financial Position
4. Priorities and Pressures
5. How Seqwater Buys
6. Opportunity Register
7. Commercial Priorities: Where to Focus First
8. Watch List: What to Monitor and What to Do
Source Register
05
Public preview
What to watch next
Engineering panel shortlist (early December 2026)
Sets access to design and business case work for the next several years.
Wyaralong contract award
The largest new-supply contract; needs government approval.
2026-27 State Borrowing Program and capital budget
Borrowing funds growth capital; budgets were underspent in the last two years.
2028 price review and Water Security Program
Prices are frozen until 30 June 2028; the next Water Security Program is due in 2028.
The Opportunity Register: each project's status, stage at October 2026, existing contractors, supplier categories and route in.

06
Included
What you receive
The complete PDF report: 11 pages, 9 sections, 7 tables and a register of 18 sources.
This edition
October 2026, First edition.
07
Evidence & method
Evidence and method
The brief draws on Seqwater's FY 2025-26 annual report and financial statements, its March and August 2026 capital market briefings, its supplier and project pages, Queensland Government statements and price pages, and trade and contractor announcements checked on 30 October 2026.
Sources
18 sources, listed in the report's source register. Evidence current to 30 October 2026. Principal data periods: FY 2025-26 results (year ended 30 June 2026); capital market briefings of March and August 2026. Project and procurement status checked against public sources on 30 October 2026. All currency is Australian dollars (A$)..
08
Lead analyst
Robert C. Brears
Founder, Our Future Water Intelligence
Robert C. Brears is a water-security specialist and author whose work examines utility governance, infrastructure investment, climate resilience and long-term water-system change for executive and policy audiences.
- Decision-focused utility intelligence
- Published water-policy author
- Evidence-grounded system analysis
09
Buyer FAQs
Before you purchase
Who can use the report?
Licensed for internal use within one purchasing organization. The PDF and its contents may be shared with colleagues within that organization. External redistribution, resale and public publication are prohibited without permission.
How is the report delivered?
The PDF is available to download immediately after confirmed payment, through our secure delivery system.
Can my organization buy wider access?
Institutional purchasing: For invoice enquiries, multi-organization licensing or broader access requirements, contact Our Future Water Intelligence.
10
Seqwater: Utility Account Brief
- Format
- Length
- 11 pages
- Edition
- October 2026, First edition
- Price
- USD 499
11
Report details
Publication details
- Publisher
- Our Future Water Intelligence
- Report family
- Utility Account Brief
- Edition
- October 2026, First edition
- Format
- Length
- 11 pages
- Reference
- OFW_EXT_SEQWATER_UTILITY_ACCOUNT_BRIEF_ce1a5bbe546b
- Evidence current to
- 30 October 2026
14
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