How much does Future Fund Management Agency spend on procurement?
Future Fund Management Agency is an Australian Government agency that has awarded 1,995 procurement contracts worth $869.0M. Its largest supplier is various suppliers. 35.0% of its contracts are awarded through competitive processes.
What does Future Fund Management Agency spend its procurement budget on?
| Category | Contracts | Value | Share |
|---|---|---|---|
| 1 | $70.5M | 13.5% | |
| 96 | $57.7M | 11.1% | |
| 1 | $44.6M | 8.5% | |
| 48 | $39.6M | 7.6% | |
| 11 | $35.6M | 6.8% | |
| 4 | $30.5M | 5.8% | |
| 36 | $25.8M | 4.9% | |
| 5 | $25.2M | 4.8% | |
| 42 | $21.8M | 4.2% | |
| 16 | $21.0M | 4.0% |
How competitive is Future Fund Management Agency's procurement process?
35.0% 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 Future Fund Management Agency 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 Future Fund Management Agency typically award?
| Size Range | Contracts | Total Value |
|---|---|---|
| $10K-$50K | 827 | $20.8M |
| $50K-$100K | 352 | $24.7M |
| $100K-$500K | 522 | $129.8M |
| $500K-$1M | 152 | $109.5M |
| $1M-$5M | 124 | $249.9M |
| $5M-$20M | 13 | $142.3M |
| $20M+ | 5 | $192.1M |
What contracts has Future Fund Management Agency awarded recently?
| Contract | Supplier | Value | Date |
|---|---|---|---|
| Cloud Services | SYPAQ Systems Pty Ltd | $402K | |
| Recruitment support | Tandem Partners Pty Ltd | $31K | |
| Legal services | Norton Rose Fulbright Australia | $24K | |
| Facilities management services | Bunji Management Pty Ltd | $538K | |
| Provision of creative services | Iconinc Holdings Pty Ltd | $51K | |
| Risk and compliance software | DXC TECHNOLOGY AUSTRALIA PTY LIMITED | $214K | |
| Training and development services | Vanguard Knowledge Development Pty Ltd | $55K | |
| Cleaning services (Sydney Office) | Glad Security Pty Ltd | $140K | |
| Sitecore development services | NTT Australia Digital Pty Ltd | $28K | |
| Training services | Tonka Learning | $236K |
Is Future Fund Management Agency using more competitive procurement over time?
View data table
| Year | Competitive | Non-Competitive | Total |
|---|---|---|---|
| 2015 | 8 | 80 | 88 |
| 2016 | 5 | 115 | 120 |
| 2017 | 16 | 82 | 98 |
| 2018 | 34 | 124 | 158 |
| 2019 | 51 | 145 | 196 |
| 2020 | 66 | 165 | 231 |
| 2021 | 107 | 145 | 252 |
| 2022 | 123 | 138 | 261 |
| 2023 | 110 | 54 | 164 |
| 2024 | 56 | 50 | 106 |
| 2025 | 79 | 52 | 131 |
| 2026 | 8 | 9 | 17 |
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