What does BEAN IT do for the Australian Government?

BEAN IT is an Australian Government contractor with 15 contracts worth $5.2M since 2021. Their largest government client is Department of Veterans' Affairs, and their average contract value is $345K. Recent government contracting activity has declined.

Key Metrics

15Total Contracts
$5.2MTotal Value
2Agencies Served
$345KAvg Contract
5Years Active
4Expiring (12mo)

How much does BEAN IT win in government contracts each year?

$0 $460K $920K $1.4M $1.8M 2021: $920K 2021 2022: $1.1M 2022 2023: $659K 2023 2024: $673K 2024 2025: $1.8M 2025
View data table
BEAN IT — Annual Government Contract Awards
YearContractsValue
20212$920K
20225$1.1M
20232$659K
20242$673K
20254$1.8M

Who are BEAN IT's biggest government clients?

AgencyContractsValueShare
Department of Veterans' Affairs 12 $3.7M 71.4%
Services Australia 3 $1.5M 28.6%

How does BEAN IT win government contracts?

MethodContractsValueShare
open 15 $5.2M 100.0%

Which BEAN IT government contracts are expiring soon?

BEAN IT has 4 contracts worth $1.8M expiring in the next 12 months. These represent potential recompete opportunities for competing suppliers.

ContractAgencyValueExpires
Labour Hire Services Australia $583K
Labour Hire Services Australia $486K
Labour Hire Services Australia $409K
Temporary Personnel Services Department of Veterans' Affairs $362K

What are BEAN IT's largest government contracts?

ContractAgencyValueAwarded
Temporary personnel Department of Veterans' Affairs $600K
Labour Hire Services Australia $583K
Labour Hire Services Australia $486K
Labour Hire Services Australia $409K
Temporary Personnel Services Department of Veterans' Affairs $362K

What are BEAN IT's most recent government contracts?

ContractAgencyValueDate
Temporary Personnel Services Department of Veterans' Affairs $362K
Labour Hire Services Australia $409K
Labour Hire Services Australia $583K
Labour Hire Services Australia $486K
Temporary Personnel Services Department of Veterans' Affairs $340K
Temporary Personnel Services Department of Veterans' Affairs $333K
Temporary Personnel Services Department of Veterans' Affairs $339K
Temporary Personnel Services Department of Veterans' Affairs $320K
Temporary Personnel Services Department of Veterans' Affairs $135K
Temporary personnel Department of Veterans' Affairs $245K

Is BEAN IT's government business growing or declining?

↓ 55.8%

Significant decline — contract value dropped 56% year-over-year.

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

Who competes with BEAN IT for government contracts?

Other suppliers winning contracts from the same government agencies.

SupplierContractsValue
IBM AUS LTD 180 $2.46B
JONES LANG LASALLE (ACT) PL 381 $1.89B
TELSTRA LIMITED 98 $1.85B
Telstra - A/CS RECEIVABLE EFT PAYTS 516 $1.49B
Australia Post - A/C 21858 74 $1.23B
ATHLLON TRUSTEE PTY LIMITED 2 $756.5M
HAYS SPECIALIST RECRUITMENT (AUST) P/L 2,941 $723.6M
Canberra Data Centres Pty Ltd 91 $669.1M
CHANDLER MACLEOD (CENTRAL ACCOUNT) 462 $646.5M
OPTUS NETWORKS PTY LTD 4 $590.9M

What size contracts does BEAN IT typically win?

Size RangeContractsTotal Value
$100K-$500K13$4.0M
$500K-$1M2$1.2M

What is BEAN IT's registered business information?

Australian Business Number (ABN)
17140737720
Registered Name
BEAN IT
Government Contracting Period
2021 – 2025

Verify entity details on the Australian Business Register.

Procurement Categories

UNSPSC categories where BEAN IT is active.

Management & Professional Services 13 contracts · $4.1M · 0.0% of category spend Engineering & Research 2 contracts · $1.1M · 0.0% of category spend

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