How much does Australian Office of Financial Management spend on procurement?
Australian Office of Financial Management is an Australian Government agency that has awarded 434 procurement contracts worth $484.0M. Its largest supplier is various suppliers. 26.0% of its contracts are awarded through competitive processes.
What does Australian Office of Financial Management spend its procurement budget on?
| Category | Contracts | Value | Share |
|---|---|---|---|
| 16 | $45.5M | 12.8% | |
| 14 | $38.3M | 10.8% | |
| 15 | $34.1M | 9.6% | |
| 10 | $31.8M | 9.0% | |
| 7 | $22.4M | 6.3% | |
| 6 | $21.4M | 6.0% | |
| 8 | $18.5M | 5.2% | |
| 6 | $15.1M | 4.3% | |
| 7 | $14.9M | 4.2% | |
| 7 | $14.1M | 4.0% |
How competitive is Australian Office of Financial Management's procurement process?
26.0% competitive
Low competition — this agency relies heavily on limited or direct sourcing.
Based on procurement method classification. Competitive includes open tender, selective tender, request for tender/quotation/proposal, and expression of interest.
Which Australian Office of Financial Management contracts are up for renewal?
These contracts are expiring within the next 18 months and represent potential recompete opportunities for suppliers.
What size contracts does Australian Office of Financial Management typically award?
| Size Range | Contracts | Total Value |
|---|---|---|
| $10K-$50K | 150 | $3.3M |
| $50K-$100K | 62 | $4.4M |
| $100K-$500K | 42 | $9.0M |
| $500K-$1M | 16 | $12.3M |
| $1M-$5M | 160 | $425.9M |
| $5M-$20M | 4 | $29.2M |
What contracts has Australian Office of Financial Management awarded recently?
| Contract | Supplier | Value | Date |
|---|---|---|---|
| Syndicaton panel for the issue of a new Australian Government Security Treasury | Barrenjoey Markets Pty Limited | $3.3M | |
| Syndicaton panel for the issue of a new Australian Government Security Treasury | Westpac Banking Corporation | $3.3M | |
| Syndicaton panel for the issue of a new Australian Government Security Treasury | National Australia Bank | $3.3M | |
| Syndicaton panel for the issue of a new Australian Government Security Treasury | UBS AG, Australia Branch | $3.3M | |
| Provision of support for the design, delivery and communication of strategic wor | Elm Communications Canberra Pty Ltd | $53K | |
| Provision of learning and development services for change management training | Interaction Consulting Group | $25K | |
| Provision of specilist communicaiton advice and support | Elm Communications Canberra Pty Ltd | $25K | |
| Syndication panel fee on issuance of 21 October 2036 Treasury Bond | Westpac Banking Corporation | $3.5M | |
| Syndication panel fee on issuance of 21 October 2036 Treasury Bond | J.P. Morgan Securities Australia Limited | $3.5M | |
| Syndication panel fee on issuance of 21 October 2036 Treasury Bond | Commonwealth Bank of Australia | $3.5M |
Is Australian Office of Financial Management using more competitive procurement over time?
View data table
| Year | Competitive | Non-Competitive | Total |
|---|---|---|---|
| 2015 | 2 | 27 | 29 |
| 2016 | 1 | 30 | 31 |
| 2017 | 2 | 27 | 29 |
| 2018 | 4 | 22 | 26 |
| 2019 | 5 | 9 | 14 |
| 2020 | 20 | 38 | 58 |
| 2021 | 13 | 14 | 27 |
| 2022 | 7 | 15 | 22 |
| 2023 | 9 | 14 | 23 |
| 2024 | 24 | 26 | 50 |
| 2025 | 9 | 15 | 24 |
| 2026 | 0 | 4 | 4 |
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