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Reportable consultancy contracts

During 2019‑20, 10 new reportable consultancy contracts were entered into with total actual expenditure of $409,739. No ongoing reportable consultancy contracts were active during 2019–20. This is summarised in Table 10.

Annual reports contain information about actual expenditure on reportable consultancy contracts for consultancies. Information on the value of reportable consultancy contracts and consultancies is available on the AusTender website at: www.tenders.gov.au.

The AOFM engages consultants where it requires specialist expertise or when independent research, review or assessment is required.

Prior to engaging consultants, the AOFM takes into account the skills, experience and resources required for the task, the skills available internally, and the cost‑effectiveness of engaging external expertise. The decision to engage a consultant is made in accordance with the PGPA Act and related rules, including the Commonwealth Procurement Rules (CPRs), and relevant internal policies.

Table 10: Consultancy contracts

2016–17

2017–18

2018‑19

2019‑20

Number of consultancy contracts

New contracts

1

2

1

10

Ongoing contracts

3

2

2

0

Expenditure (including GST)

New contracts

$14,614

$13,200

$24,200

$409,739

Ongoing contracts

$221,822

$261,715

$188,814

$ ‑

Additional information

Table 11 lists the names of the organisations who received the 5 largest shares of the entity’s total expenditure on consultancy contracts during the period, and the name of any organisation that, during the period, received one or more amounts under one or more consultancy contracts equal in total to at least 5% of AOFM’s total expenditure on consultancy contracts during the period, and the total amount the organisation received.

Table 11: Additional information for consultancy contracts

Name of organisation

Amount received

% of total expenditure

Challenger Investment Partners Limited

$ 137,500.00

34%

King & Wood Mallesons

$ 95,079.93

23%

North Consulting Pty Ltd

$ 94,930.00

23%

Whitehelm Capital Limited

$ 49,500.00

12%

Eticore SD Services Pty Ltd

$ 28,462.50

7%