What does THE POLARIS MARINE TRUST NO 1 TRUST NO 1 do for the Australian Government?

THE POLARIS MARINE TRUST NO 1 TRUST NO 1 is an Australian Government contractor with 19 contracts worth $10.7M since 2016. Their largest government client is Department of Defence, and their average contract value is $563K. The company has seen significant recent growth in government contract awards.

Key Metrics

19Total Contracts
$10.7MTotal Value
4Agencies Served
$563KAvg Contract
11Years Active

How much does THE POLARIS MARINE TRUST NO 1 TRUST NO 1 win in government contracts each year?

$0 $869K $1.7M $2.6M $3.5M 2016: $500K 2016 2017: $772K 2017 2018: $764K 2018 2019: $1.7M 2019 2020: $2.2M 2020 2021: $3.5M 2021 2022: $11K 2022 2023: $285K 2023 2024: $242K 2024 2026: $732K 2026
View data table
THE POLARIS MARINE TRUST NO 1 TRUST NO 1 — Annual Government Contract Awards
YearContractsValue
20161$500K
20171$772K
20181$764K
20194$1.7M
20202$2.2M
20212$3.5M
20221$11K
20231$285K
20245$242K
20261$732K

Who are THE POLARIS MARINE TRUST NO 1 TRUST NO 1's biggest government clients?

AgencyContractsValueShare
Department of Defence 15 $4.3M 39.9%
Department of Climate Change, Energy, the Environment and Water 1 $3.4M 32.2%
Sydney Harbour Federation Trust 2 $2.9M 27.2%
Bureau of Meteorology 1 $76K 0.7%

What categories does THE POLARIS MARINE TRUST NO 1 TRUST NO 1 supply to government?

CategoryContractsValueShare
2511-commercial-and-military-vehicles 13 $9.8M 91.4%
7814-rail-cargo-transport 1 $500K 4.7%
9211-public-safety-and-order 1 $285K 2.7%
8014-accounting-and-auditing-and-financial-services 1 $49K 0.5%
7812-marine-cargo-transport 1 $43K 0.4%
3020-structures-and-construction-code-3020 1 $29K 0.3%
2210-heavy-construction-machinery-and-equipment 1 $11K 0.1%

How does THE POLARIS MARINE TRUST NO 1 TRUST NO 1 win government contracts?

MethodContractsValueShare
limited 16 $7.5M 84.2%
selective 1 $2.2M 5.3%
open 2 $1.0M 10.5%

What are THE POLARIS MARINE TRUST NO 1 TRUST NO 1's largest government contracts?

ContractAgencyValueAwarded
Pontoons and Workboats Hire Department of Climate Change, Energy, the Environment and Water $3.4M
Barging Services for Cockatoo Island Sydney Harbour Federation Trust $2.2M
Towing of ex-HMAS Success Department of Defence $1.1M
Towing Services for RAN Ship Department of Defence $772K
Towing costs of RAN Ship Department of Defence $764K

What are THE POLARIS MARINE TRUST NO 1 TRUST NO 1's most recent government contracts?

ContractAgencyValueDate
Cockatoo Island Barging Services Sydney Harbour Federation Trust $732K
Adrift tsunami buoy recovery - Tasman Sea Bureau of Meteorology $76K
Event Management Department of Defence $49K
Tug Hire Department of Defence $50K
Tug Hire Department of Defence $17K
Tug Hire Department of Defence $50K
Marinecraft Hire Department of Defence $285K
Heavy Construction Machinery and Equipment Department of Defence $11K
Pontoons and Workboats Hire Department of Climate Change, Energy, the Environment and Water $3.4M
Charter of Marine Craft Department of Defence $36K

Is THE POLARIS MARINE TRUST NO 1 TRUST NO 1's government business growing or declining?

↑ 486.8%

Rapid growth — contract value increased 487% year-over-year.

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

Who competes with THE POLARIS MARINE TRUST NO 1 TRUST NO 1 for government contracts?

Other suppliers winning contracts from the same agencies in similar categories.

SupplierContractsValue
ASC PTY LTD 75 $6.02B
THALES AUSTRALIA LIMITED 4,692 $5.84B
RAYTHEON AUSTRALIA PTY LTD 311 $5.80B
BAE SYSTEMS AUSTRALIA LTD 420 $4.49B
ASC AWD SHIPBUILDER PTY LTD 16 $3.38B
LUERSSEN AUSTRALIA PTY LTD 20 $3.00B
ASC SHIPBUILDING PTY LTD 2 $2.98B
NAVAL SHIP MANAGEMENT (AUSTRALIA 271 $2.23B
BAE SYSTEMS AUSTRALIA DEFENCE PT 898 $2.01B
ANDURIL AUSTRALIA PTY LTD 6 $2.00B

What size contracts does THE POLARIS MARINE TRUST NO 1 TRUST NO 1 typically win?

Size RangeContractsTotal Value
$10K-$50K6$184K
$50K-$100K3$176K
$100K-$500K3$846K
$500K-$1M4$2.8M
$1M-$5M3$6.7M

What is THE POLARIS MARINE TRUST NO 1 TRUST NO 1's registered business information?

Australian Business Number (ABN)
84343204460
Registered Name
THE POLARIS MARINE TRUST NO 1 TRUST NO 1
Government Contracting Period
2016 – 2026

Verify entity details on the Australian Business Register.

Registered Business Details

Entity Type
Fixed Unit Trust
ABN Status
Active
GST
Registered
ABN
84343204460 verify ↗
State
NSW
Postcode
2039

Source: Australian Business Register (ABR) + ASIC Companies Register. View on ABN Lookup ↗

Procurement Categories

UNSPSC categories where THE POLARIS MARINE TRUST NO 1 TRUST NO 1 is active.

Vehicles & Components 13 contracts · $9.8M · 0.0% of category spend Transport & Storage 2 contracts · $543K · 0.0% of category spend Defence & Public Order 1 contracts · $285K · 0.0% of category spend

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