How much does Regional Investment Corporation spend on procurement?
Regional Investment Corporation is an Australian Government agency that has awarded 131 procurement contracts worth $102.0M. Its largest supplier is various suppliers. 61.8% of its contracts are awarded through competitive processes.
What does Regional Investment Corporation spend its procurement budget on?
| Category | Contracts | Value | Share |
|---|---|---|---|
| 1 | $54.2M | 61.4% | |
| 1 | $6.4M | 7.2% | |
| 23 | $4.6M | 5.2% | |
| 2 | $2.4M | 2.7% | |
| 2 | $2.1M | 2.4% | |
| 1 | $1.8M | 2.0% | |
| 1 | $1.7M | 2.0% | |
| 1 | $1.6M | 1.8% | |
| 2 | $1.5M | 1.7% | |
| 3 | $1.5M | 1.7% |
How competitive is Regional Investment Corporation's procurement process?
61.8% 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 Regional Investment Corporation 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 Regional Investment Corporation typically award?
| Size Range | Contracts | Total Value |
|---|---|---|
| $10K-$50K | 3 | $116K |
| $50K-$100K | 16 | $1.4M |
| $100K-$500K | 89 | $17.8M |
| $500K-$1M | 11 | $7.3M |
| $1M-$5M | 10 | $14.8M |
| $5M-$20M | 1 | $6.4M |
| $20M+ | 1 | $54.2M |
What contracts has Regional Investment Corporation awarded recently?
| Contract | Supplier | Value | Date |
|---|---|---|---|
| HR Officer Lucas Caton | Complete Staff Solutions | $182K | |
| Contact Centre officer - Vanessa | Complete Staff Solutions | $155K | |
| Customer verification tools | Equifax Australia Information Services and Solutions Pty Ltd | $600K | |
| Credit Risk Manager Recruitment | Complete Staff Solutions | $213K | |
| Recruitment of Credit Risk Manager | Complete Staff Solutions | $195K | |
| Creation of Customer Experience and Voice of customer strategies | Nous Group Pty Ltd | $273K | |
| Recruitment of a Docs and Settlements Officer | Complete Staff Solutions | $170K | |
| Recruitment of an Agri Lending Specialist | Complete Staff Solutions | $220K | |
| Agri Lending Specialist - Carly Lazzarotto | Complete Staff Solutions | $210K | |
| Cybersecurity managed services | CyberCX | $333K |
Is Regional Investment Corporation using more competitive procurement over time?
View data table
| Year | Competitive | Non-Competitive | Total |
|---|---|---|---|
| 2018 | 5 | 3 | 8 |
| 2019 | 2 | 0 | 2 |
| 2020 | 10 | 8 | 18 |
| 2021 | 15 | 1 | 16 |
| 2022 | 10 | 5 | 15 |
| 2023 | 18 | 7 | 25 |
| 2024 | 3 | 14 | 17 |
| 2025 | 17 | 12 | 29 |
| 2026 | 1 | 0 | 1 |
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