Crown quota and ACE tenders

Crown-held quota and annual catch entitlement (ACE) are transferred to commercial fishers through public tender. Find out about the tender process and results of previous tender rounds.


About Crown-held quota and ACE

The Crown is one of the largest quota owners. Crown-held quota and ACE are transferred to commercial fishers through public tender.  

Tender for quota or ACE

All tenders for Crown-held quota and ACE are run by FishServe, on behalf of MPI. Information about each tender round and the tender process is provided in the news section of FishServe's website once tenders open. To find out when tenders open, follow FishServe on Facebook or Twitter (@fishserve), or ask to be put on the FishServe tender contact list.

When tenders are offered

ACE tenders are held early in the fishing year – usually in November.
Quota tenders may occur at any time, but are usually held around the middle of the year.

Reserve price set for quota tenders

MPI sets a reserve price for quota tenders, but not ACE tenders. Before tenders are assessed, reserve prices are calculated for each stock using all available information, including current market prices. Reserve prices aren't made public.

Make an offer for remaining ACE

After an ACE tender round is completed, you can make an ad-hoc offer to MPI for any remaining ACE by contacting FishServe.

View tender results

Crown-held quota tenders

Tender results include the:

  • number of shares tendered for each stock (out of a total of 100 million shares per stock)
  • number of offers accepted by MPI for each stock (offers above the reserve price)
  • price per share (total bid price divided by number of shares bid for) and number of shares accepted
  • ACE equivalent (kg) based on the Total Allowable Commercial Catch (TACC) at the time.

Tender results

ACE tenders

Tender results include the:

  • amount of ACE tendered for each stock (in kg)
  • number of offers accepted by MPI for each stock
  • bid price for each successful offer
  • amount accepted (in kg).

Tender results

Who to contact

If you have questions about Crown-held quota or ACE tenders, contact FishServe

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