How much does Reserve Bank of Australia spend on procurement?
Reserve Bank of Australia is an Australian Government agency that has awarded 273 procurement contracts worth $1.73B. Its largest supplier is various suppliers. 42.5% of its contracts are awarded through competitive processes.
What does Reserve Bank of Australia spend its procurement budget on?
| Category | Contracts | Value | Share |
|---|---|---|---|
| 3 | $536.1M | 42.3% | |
| 11 | $107.3M | 8.5% | |
| 2 | $57.6M | 4.5% | |
| 1 | $55.0M | 4.3% | |
| 4 | $45.8M | 3.6% | |
| 1 | $42.0M | 3.3% | |
| 15 | $38.0M | 3.0% | |
| 1 | $37.1M | 2.9% | |
| 7 | $35.9M | 2.8% | |
| 2 | $35.3M | 2.8% |
How competitive is Reserve Bank of Australia's procurement process?
42.5% 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 Reserve Bank of Australia 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 Reserve Bank of Australia typically award?
| Size Range | Contracts | Total Value |
|---|---|---|
| $10K-$50K | 2 | $53K |
| $100K-$500K | 53 | $22.7M |
| $500K-$1M | 77 | $53.4M |
| $1M-$5M | 74 | $155.2M |
| $5M-$20M | 51 | $505.9M |
| $20M+ | 16 | $988.7M |
What contracts has Reserve Bank of Australia awarded recently?
| Contract | Supplier | Value | Date |
|---|---|---|---|
| Data Storage, Licenses and Services | Hitachi Vantara Australia Pty Limited | $949K | |
| Consulting services | The Boston Consulting Group Pty Ltd | $1.3M | |
| CyberArk’s (Venafi’s) Core platform (which includes both on-premises and SaaS ba | CyberArk Software (Australia) Pty Ltd | $520K | |
| Head Building Contractor for a Construction Fitout of a Storage and Logistics Fu | Buildcorp Group Pty Ltd | $42.0M | |
| Community Research Services | JWS Research Pty Ltd in its personal capacity and as trustee for JWS Research Unit Trust | $437K | |
| Removal and Storage of Archives. | IAS Logistics Pty Ltd | $965K | |
| Software License and Support | IBM Australia Limited | $15.8M | |
| Provision of financial data | S&P Global Market Intelligence LLC | $479K | |
| Additional licenses (and 12 months of support) arising from the annual license v | Oracle Corporation Australia Pty Limited | $420K | |
| Project Steering Committee Advisor | Invest Management Pty Ltd | $568K |
Is Reserve Bank of Australia using more competitive procurement over time?
View data table
| Year | Competitive | Non-Competitive | Total |
|---|---|---|---|
| 2015 | 4 | 0 | 4 |
| 2016 | 10 | 1 | 11 |
| 2017 | 4 | 1 | 5 |
| 2018 | 10 | 7 | 17 |
| 2019 | 10 | 31 | 41 |
| 2020 | 6 | 17 | 23 |
| 2021 | 13 | 21 | 34 |
| 2022 | 8 | 16 | 24 |
| 2023 | 9 | 13 | 22 |
| 2024 | 16 | 3 | 19 |
| 2025 | 19 | 40 | 59 |
| 2026 | 3 | 4 | 7 |
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