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?

CategoryContractsValueShare
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?

677Contracts Expiring
$752.6MTotal Value

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 RangeContractsTotal Value
Under $10K34$10K
$10K-$50K7,112$155.4M
$50K-$100K1,986$140.2M
$100K-$500K3,096$731.4M
$500K-$1M769$538.0M
$1M-$5M638$1.33B
$5M-$20M157$1.54B
$20M+73$4.78B

What contracts has Department of Finance awarded recently?

ContractSupplierValueDate
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?

Competitive: 810Non-Competitive: 335 2015 Competitive: 717Non-Competitive: 386 2016 Competitive: 721Non-Competitive: 454 2017 Competitive: 637Non-Competitive: 474 2018 Competitive: 546Non-Competitive: 477 2019 Competitive: 530Non-Competitive: 539 2020 Competitive: 420Non-Competitive: 507 2021 Competitive: 402Non-Competitive: 462 2022 Competitive: 375Non-Competitive: 469 2023 Competitive: 333Non-Competitive: 493 2024 Competitive: 406Non-Competitive: 599 2025 Competitive: 52Non-Competitive: 71 2026 ■ Competitive ■ Non-Competitive
View data table
Department of Finance — Procurement Method Trend by Year
YearCompetitiveNon-CompetitiveTotal
20158103351145
20167173861103
20177214541175
20186374741111
20195464771023
20205305391069
2021420507927
2022402462864
2023375469844
2024333493826
20254065991005
20265271123

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