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?

CategoryContractsValueShare
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?

16Contracts Expiring
$7.1MTotal Value

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 RangeContractsTotal Value
$10K-$50K155$3.4M
$50K-$100K65$4.5M
$100K-$500K42$9.0M
$500K-$1M16$12.3M
$1M-$5M164$432.5M
$5M-$20M4$29.2M

What contracts has Australian Office of Financial Management awarded recently?

ContractSupplierValueDate
Provision of facilitation services for Corporate Planning Day Rodney Lee Walsh $14K
Laptops to support business continuity activities Qirx Pty Ltd $45K
Executive Learning Group Membership JWLG Executive Learning Groups $11K
Syndicaton panel fee for the issuance of a new Australian Government Security Gr UBS AG Australia Branch $1.6M
Syndicaton panel fee for the issuance of a new Australian Government Security Gr National Australia Bank Limited $1.6M
Syndication panel fee for the issuance of a new Australian Government Security G Westpac Banking Corporation $1.6M
Syndicaton panel fee for the issuance of a new Australian Government Security Gr Commonwealth Bank of Australia $1.6M
Engagement of specialist recruitment services for Investor Relations Role Derwent Search $58K
Annual subscription for market data and analytics services to support analysis a Moody's Analytics Singapore Pte Ltd $45K
Provide legal advice and review the legal structure of the securitisation wareho Mallesons $65K

Is Australian Office of Financial Management using more competitive procurement over time?

Competitive: 2Non-Competitive: 27 2015 Competitive: 1Non-Competitive: 30 2016 Competitive: 2Non-Competitive: 27 2017 Competitive: 4Non-Competitive: 22 2018 Competitive: 5Non-Competitive: 9 2019 Competitive: 20Non-Competitive: 38 2020 Competitive: 13Non-Competitive: 14 2021 Competitive: 7Non-Competitive: 15 2022 Competitive: 9Non-Competitive: 14 2023 Competitive: 24Non-Competitive: 26 2024 Competitive: 9Non-Competitive: 15 2025 Competitive: 5Non-Competitive: 11 2026 ■ Competitive ■ Non-Competitive
View data table
Australian Office of Financial Management — Procurement Method Trend by Year
YearCompetitiveNon-CompetitiveTotal
201522729
201613031
201722729
201842226
20195914
2020203858
2021131427
202271522
202391423
2024242650
202591524
202651116

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