What does Approach ICT Pty Ltd do for the Australian Government?

Approach ICT Pty Ltd is an Australian Government contractor with 24 contracts worth $12.5M since 2017. Their largest government client is Services Australia, and their average contract value is $521K. Recent government contracting activity has declined.

Key Metrics

24Total Contracts
$12.5MTotal Value
11Agencies Served
$521KAvg Contract
8Years Active
1Expiring (12mo)

How much does Approach ICT Pty Ltd win in government contracts each year?

$0 $731K $1.5M $2.2M $2.9M 2017: $709K 2017 2018: $1.3M 2018 2019: $2.0M 2019 2020: $1.4M 2020 2021: $1.7M 2021 2022: $2.9M 2022 2024: $2.4M 2024
View data table
Approach ICT Pty Ltd — Annual Government Contract Awards
YearContractsValue
20173$709K
20184$1.3M
20194$2.0M
20205$1.4M
20212$1.7M
20223$2.9M
20243$2.4M

Who are Approach ICT Pty Ltd's biggest government clients?

AgencyContractsValueShare
Services Australia 5 $5.1M 41.0%
Australian Taxation Office 5 $2.0M 16.2%
Clean Energy Regulator 4 $1.8M 14.7%
Australian Electoral Commission 1 $1.8M 14.7%
Department of Finance 1 $738K 5.9%
Department of Agriculture, Fisheries and Forestry 1 $250K 2.0%
IP Australia 1 $215K 1.7%
Department of Home Affairs 2 $158K 1.3%
Digital Transformation Agency 1 $132K 1.1%
Australian Fisheries Management Authority 2 $98K 0.8%

How does Approach ICT Pty Ltd win government contracts?

MethodContractsValueShare
open 18 $11.4M 75.0%
limited 6 $1.1M 25.0%

Which Approach ICT Pty Ltd government contracts are expiring soon?

Approach ICT Pty Ltd has 1 contracts worth $1.8M expiring in the next 12 months. These represent potential recompete opportunities for competing suppliers.

ContractAgencyValueExpires
Program and Technical Assurance Services for Indigo Australian Electoral Commission $1.8M

What are Approach ICT Pty Ltd's largest government contracts?

ContractAgencyValueAwarded
Program and Technical Assurance Services for Indigo Australian Electoral Commission $1.8M
Labour Hire Services Australia $1.5M
Labour Hire Services Australia $1.4M
Labour Hire Services Australia $1.3M
IT Database Specialist Australian Taxation Office $1.1M

What are Approach ICT Pty Ltd's most recent government contracts?

ContractAgencyValueDate
Labour Hire Services Australia $501K
Program and Technical Assurance Services for Indigo Australian Electoral Commission $1.8M
Computer Services Department of Home Affairs $79K
Labour Hire Services Australia $1.4M
Provision of IT Database Specialist Australian Taxation Office $226K
Labour Hire Services Australia $1.3M
Labour Hire Services Australia $1.5M
Diagnostic Review of NEXDOC Department of Agriculture, Fisheries and Forestry $250K
Computer Services Department of Home Affairs $79K
Labour Hire Services Australia $471K

Is Approach ICT Pty Ltd's government business growing or declining?

↓ 100.0%

Significant decline — contract value dropped 100% year-over-year.

Based on comparison of last 12 months vs prior 12 months of awarded contract value.

Who competes with Approach ICT Pty Ltd for government contracts?

Other suppliers winning contracts from the same government agencies.

SupplierContractsValue
IBM AUSTRALIA LIMITED Accounts Receivable 236 $4.01B
OPTUS NETWORKS PTY LTD 21 $1.93B
AUSTRALIA POST A/C 8287642 97 $1.93B
TELSTRA LIMITED 102 $1.86B
JLL 320 $1.86B
ACCENTURE AUSTRALIA PTY LTD 145 $1.67B
TELSTRA 538 $1.54B
HP Enterprise Services Australia Pty Ltd 1 $1.20B
SERCO CITIZEN SERVICES PTY LTD 8 $1.02B
CUSHMAN & WAKEFIELD PTY LTD 75 $868.2M

What size contracts does Approach ICT Pty Ltd typically win?

Size RangeContractsTotal Value
$10K-$50K1$40K
$50K-$100K6$450K
$100K-$500K7$1.9M
$500K-$1M5$3.0M
$1M-$5M5$7.1M

What is Approach ICT Pty Ltd's registered business information?

Australian Business Number (ABN)
13096266358
Registered Name
Approach ICT Pty Ltd
Government Contracting Period
2017 – 2024

Verify entity details on the Australian Business Register.

Procurement Categories

UNSPSC categories where Approach ICT Pty Ltd is active.

Engineering & Research 13 contracts · $8.0M · 0.0% of category spend Management & Professional Services 11 contracts · $4.5M · 0.0% of category spend

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