📋 Tender Overview
ScopeVicRoads forms part of the Victorian Department of Transport and is wholly owned by the state government.As part of its functions VicRoads oversees motor vehicle registrations and licences in Victoria. Motor vehicle registrations raised 1.6 billion in revenue in Victoria in FY2018-19 while licencing raised a further 99 million.In October 2019 comments made in the Victorian Parliament by Treasurer Tim Pallas led to speculation that the Government is looking to either sell or lease its VicRoads registry unit.Media reports have speculated that the Victorian Government will make a decision about the sale or lease of the registry unit prior to the release of its FY2020-21 Budget.
