What does Department of Finance do for the Australian Government?

Department of Finance is an Australian Government contractor with 2,140 contracts worth $1.43B since 2009. Their largest government client is Department of Defence, and their average contract value is $670K. Recent government contracting activity has declined.

Key Metrics

2,140Total Contracts
$1.43BTotal Value
20Agencies Served
$670KAvg Contract
18Years Active
41Expiring (12mo)

How much does Department of Finance win in government contracts each year?

$0 $61.0M $122.1M $183.1M $244.1M 2009: $67.3M 2009 2010: $35.2M 2010 2011: $509K 2011 2012: $8.3M 2012 2013: $244.1M 2013 2014: $94.4M 2014 2015: $88.8M 2015 2016: $178.8M 2016 2017: $170.9M 2017 2018: $133.1M 2018 2019: $83.3M 2019 2020: $107.9M 2020 2021: $72.5M 2021 2022: $17.5M 2022 2023: $26.0M 2023 2024: $82.0M 2024 2025: $21.7M 2025 2026: $1.9M 2026
View data table
Department of Finance — Annual Government Contract Awards
YearContractsValue
20093$67.3M
20102$35.2M
20113$509K
201216$8.3M
2013336$244.1M
2014229$94.4M
2015231$88.8M
2016233$178.8M
2017233$170.9M
2018189$133.1M
2019175$83.3M
2020137$107.9M
2021101$72.5M
202272$17.5M
202379$26.0M
202457$82.0M
202542$21.7M
20262$1.9M

Who are Department of Finance's biggest government clients?

AgencyContractsValueShare
Department of Defence 136 $626.8M 48.7%
Services Australia 78 $135.4M 10.5%
Department of Education 58 $127.0M 9.9%
Department of Industry, Science and Resources 46 $67.6M 5.3%
Department of Foreign Affairs and Trade 45 $49.8M 3.9%
Department of Home Affairs 54 $40.0M 3.1%
Department of Health and Aged Care 41 $32.7M 2.5%
Department of Agriculture, Fisheries and Forestry 52 $25.1M 2.0%
CSIRO 4 $23.5M 1.8%
Department of the Prime Minister and Cabinet 127 $19.5M 1.5%

How does Department of Finance win government contracts?

MethodContractsValueShare
limited 1,887 $1.24B 88.2%
open 160 $163.0M 7.5%
selective 93 $26.6M 4.3%

Which Department of Finance government contracts are expiring soon?

Department of Finance has 41 contracts worth $40.5M expiring in the next 12 months. These represent potential recompete opportunities for competing suppliers.

ContractAgencyValueExpires
Accommodation lease, Canberra * Estimated rental payments* Australian Public Service Commission $12.4M
2025/26 Comcover Insurance Premium CSIRO $6.3M
Insurance Premium Department of Foreign Affairs and Trade $5.3M
Insurance Premiums Department of Health, Disability and Ageing $3.5M
Comcover Insurance Premium 2025-26 Director of National Parks $1.8M
Comcover Insurance Premium 2025-26 Director of National Parks $1.7M
Provision of software services - GovTeams subscriptions billing Australian Taxation Office $1.3M
Provision of Software maintenance & support Australian Taxation Office $1.0M
Provision of software licences and support services Australian Taxation Office $953K
Comcover Premiums Australian Communications and Media Authority $900K
Software Services Australian Digital Health Agency $733K
Insurance Australian Criminal Intelligence Commission $607K
Comcover insurance Premium 2025-26. Department of Education $559K
Annual Insurance Premium 25/26 Old Parliament House $537K
Insurance and retirement services Australian Prudential Regulation Authority $457K

What are Department of Finance's largest government contracts?

ContractAgencyValueAwarded
Core Desktop Licences Department of Defence $64.5M
Microsoft VSA II CDL Department of Defence $59.7M
Insurance Services Department of Defence $55.9M
MOU - Questacon Deakin QTLC Lease 30 Nov 2011 to 2031 Department of Industry, Science and Resources $54.9M
Insurance Services Department of Defence $47.8M

What are Department of Finance's most recent government contracts?

ContractAgencyValueDate
Comcover Insurance Premium 2025-26 Director of National Parks $1.8M
GovCMS subscription 2026 Tertiary Education Quality and Standards Agency $54K
Comcare Annual Membership Premium 2025/26 Productivity Commission $69K
Comcare Annual Membership Premium 2024/25 Productivity Commission $57K
Car Services Department of Foreign Affairs and Trade $51K
Coordinated Procurement Fees Australian Digital Health Agency $150K
Insurance Premiums Department of Health, Disability and Ageing $3.5M
Provision of GovCMS Software as a Service (SaaS) Australian Taxation Office $67K
Hosting Services Department of Defence $18K
Coordinated Procurement Fee - People Panel 1 Australian Digital Health Agency $196K

Is Department of Finance's government business growing or declining?

↓ 71.6%

Significant decline — contract value dropped 72% year-over-year.

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

Who competes with Department of Finance for government contracts?

Other suppliers winning contracts from the same government agencies.

SupplierContractsValue
GHD PTY LTD 513 $39.73B
BOEING DEFENCE AUSTRALIA LTD 1,651 $35.02B
THALES AUSTRALIA LIMITED 11,541 $19.02B
DHA - CENTRAL OFFICE 14 $16.77B
AUSTRALIAN AEROSPACE LTD 2,523 $14.99B
BAE SYSTEMS AUSTRALIA LTD 3,836 $13.89B
RAYTHEON AUSTRALIA PTY LTD 1,757 $11.59B
BROADSPECTRUM (AUSTRALIA) PTY LTD 1,244 $10.09B
LOCKHEED MARTIN AUSTRALIA PTY LTD 539 $8.82B
LENDLEASE BUILDING PTY LIMITED 94 $8.73B

What size contracts does Department of Finance typically win?

Size RangeContractsTotal Value
$10K-$50K975$23.0M
$50K-$100K370$26.0M
$100K-$500K512$119.2M
$500K-$1M138$97.2M
$1M-$5M103$203.8M
$5M-$20M21$173.8M
$20M+21$791.0M

What is Department of Finance's registered business information?

Australian Business Number (ABN)
61970632495
Registered Name
Department of Finance
Government Contracting Period
2009 – 2026

Verify entity details on the Australian Business Register.

Procurement Categories

UNSPSC categories where Department of Finance is active.

Management & Professional Services 212 contracts · $420.2M · 0.1% of category spend Financial & Insurance 442 contracts · $416.2M · 5.2% of category spend IT & Telecommunications 437 contracts · $274.2M · 0.4% of category spend

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