What does IT MAGNET PTY LTD do for the Australian Government?
IT MAGNET PTY LTD is an Australian Government contractor with 12 contracts worth $1.3M since 2020. Their largest government client is Department of Defence, and their average contract value is $106K. Recent government contracting activity has declined.
Key Metrics
How much does IT MAGNET PTY LTD win in government contracts each year?
View data table
| Year | Contracts | Value |
|---|---|---|
| 2020 | 1 | $193K |
| 2021 | 1 | $128K |
| 2022 | 3 | $102K |
| 2023 | 5 | $144K |
| 2024 | 2 | $710K |
Who are IT MAGNET PTY LTD's biggest government clients?
| Agency | Contracts | Value | Share |
|---|---|---|---|
| Department of Defence | 10 | $742K | 58.1% |
| Australian Public Service Commission | 1 | $506K | 39.6% |
| Department of Industry, Science and Resources | 1 | $28K | 2.2% |
How does IT MAGNET PTY LTD win government contracts?
| Method | Contracts | Value | Share |
|---|---|---|---|
| open | 3 | $765K | 25.0% |
| limited | 9 | $511K | 75.0% |
Which IT MAGNET PTY LTD government contracts are expiring soon?
IT MAGNET PTY LTD has 2 contracts worth $710K expiring in the next 12 months. These represent potential recompete opportunities for competing suppliers.
| Contract | Agency | Value | Expires |
|---|---|---|---|
| 2024-2565 - Career pathfinder - Phase 6 | Australian Public Service Commission | $506K | |
| Internet Services | Department of Defence | $204K |
What are IT MAGNET PTY LTD's largest government contracts?
| Contract | Agency | Value | Awarded |
|---|---|---|---|
| 2024-2565 - Career pathfinder - Phase 6 | Australian Public Service Commission | $506K | |
| Internet Services | Department of Defence | $204K | |
| Client Management System | Department of Defence | $193K | |
| Redevelopment of Website | Department of Defence | $128K | |
| Software Maintenance and Support | Department of Defence | $66K |
What are IT MAGNET PTY LTD's most recent government contracts?
| Contract | Agency | Value | Date |
|---|---|---|---|
| 2024-2565 - Career pathfinder - Phase 6 | Australian Public Service Commission | $506K | |
| Internet Services | Department of Defence | $204K | |
| Computer Support Services | Department of Defence | $55K | |
| Computer Services | Department of Defence | $31K | |
| Software | Department of Defence | $15K | |
| Professional Advice on functionality and technical accuracy | Department of Industry, Science and Resources | $28K | |
| Software support | Department of Defence | $15K | |
| Systems Management Services | Department of Defence | $15K | |
| Software Maintenance and Support | Department of Defence | $66K | |
| Website Development | Department of Defence | $22K |
Is IT MAGNET PTY LTD's government business growing or declining?
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 IT MAGNET PTY LTD for government contracts?
Other suppliers winning contracts from the same government agencies.
| Supplier | Contracts | Value |
|---|---|---|
| GHD PTY LTD | 539 | $39.75B |
| 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 | 540 | $8.82B |
| LENDLEASE BUILDING PTY LIMITED | 94 | $8.73B |
What size contracts does IT MAGNET PTY LTD typically win?
| Size Range | Contracts | Total Value |
|---|---|---|
| $10K-$50K | 6 | $125K |
| $50K-$100K | 2 | $121K |
| $100K-$500K | 3 | $525K |
| $500K-$1M | 1 | $506K |
What is IT MAGNET PTY LTD's registered business information?
- Australian Business Number (ABN)
- 71101960427
- Registered Name
- IT MAGNET PTY LTD
- Government Contracting Period
- 2020 – 2024
Verify entity details on the Australian Business Register.
Procurement Categories
UNSPSC categories where IT MAGNET PTY LTD is active.
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