How much does Department of Finance spend on procurement?
Department of Finance is an Australian Government agency that has awarded 13,865 procurement contracts worth $9.21B. Its largest supplier is various suppliers. 56.2% of its contracts are awarded through competitive processes.
What does Department of Finance spend its procurement budget on?
| Category | Contracts | Value | Share |
|---|---|---|---|
| 79 | $1.38B | 25.9% | |
| 89 | $557.3M | 10.5% | |
| 2 | $533.6M | 10.0% | |
| 188 | $420.7M | 7.9% | |
| 1 | $376.2M | 7.1% | |
| 70 | $335.0M | 6.3% | |
| 22 | $286.9M | 5.4% | |
| 1 | $189.8M | 3.6% | |
| 9 | $188.8M | 3.5% | |
| 7 | $146.7M | 2.8% |
How competitive is Department of Finance's procurement process?
56.2% competitive
Moderate competition — a mix of open and limited tender processes.
Based on procurement method classification. Competitive includes open tender, selective tender, request for tender/quotation/proposal, and expression of interest.
Which Department of Finance 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 Department of Finance typically award?
| Size Range | Contracts | Total Value |
|---|---|---|
| Under $10K | 34 | $10K |
| $10K-$50K | 7,112 | $155.4M |
| $50K-$100K | 1,986 | $140.2M |
| $100K-$500K | 3,096 | $731.4M |
| $500K-$1M | 769 | $538.0M |
| $1M-$5M | 638 | $1.33B |
| $5M-$20M | 157 | $1.54B |
| $20M+ | 73 | $4.78B |
What contracts has Department of Finance awarded recently?
| Contract | Supplier | Value | Date |
|---|---|---|---|
| Consultancy Services | Australasian Procurement & Construc Council | $440K | |
| Legal Advice | AGS | $40K | |
| Digital ID - Advisory Services | THE ARCHITECTURE PRACTICE PTY LTD | $150K | |
| TechnologyOne Support | NEOTERIC CONSULTING PTY LTD | $323K | |
| Specialist Services to conduct an Assurance Review | PROVENTUS CONSULTING | $15K | |
| Specialist Services to conduct an Assurance Review | SENTENTIA CONSULTING | $19K | |
| Temporary Personnel | CORROBOREE TALENT LIMITED | $63K | |
| ICT Services | CIRRUS NETWORKS (ACT) PTY LTD | $11K | |
| Electorate Office Lease | Pharos Properties Pty Ltd as truste for the Pharos Unit Trust | $1.2M | |
| Specialist Services to conduct an Assurance Review | HOLAN GROUP | $18K |
Is Department of Finance using more competitive procurement over time?
View data table
| Year | Competitive | Non-Competitive | Total |
|---|---|---|---|
| 2015 | 810 | 335 | 1145 |
| 2016 | 717 | 386 | 1103 |
| 2017 | 721 | 454 | 1175 |
| 2018 | 637 | 474 | 1111 |
| 2019 | 546 | 477 | 1023 |
| 2020 | 530 | 539 | 1069 |
| 2021 | 420 | 507 | 927 |
| 2022 | 402 | 462 | 864 |
| 2023 | 375 | 469 | 844 |
| 2024 | 333 | 493 | 826 |
| 2025 | 406 | 599 | 1005 |
| 2026 | 52 | 71 | 123 |
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