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Reportable non-consultancy contracts

During 2019‑20, 23 new reportable non‑consultancy contracts were entered into with total actual expenditure of $34,309,677. In addition 21 additional reportable non‑consultancy contracts were active during 2019–20 with a total actual expenditure of $1,254,992. This is summarised in Table 12.

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 12: Non consultancy contracts

2019‑20

Number of consultancy contracts

New contracts

23

Ongoing contracts

21

Expenditure (including GST)

New contracts

$34,309,677

Ongoing contracts

$ 1,254,992

Additional information

Table 13 lists the names of the organisations who received the 5 largest shares of the entity’s total expenditure on non‑consultancy contracts during the period, and the name of any organisation that, during the period, received one or more amounts under one or more non‑consultancy contracts equal in total to at least 5% of AOFM’s total expenditure on non‑consultancy contracts during the period, and the total amount the organisation received.

Table 13: Additional information for non consultancy contracts

Name of organisation

Amount received

% of total expenditure

UBS AG

$ 8,497,500.00

24%

Commonwealth Bank of Australia

$ 5,280,000.00

15%

Australia and New Zealand Banking Group Limited

$ 4,180,000.00

12%

Citibank Limited

$ 4,180,000.00

12%

ANZ

$ 3,217,500.00

9%

Deutsche Bank AG Australia

$ 3,217,500.00

9%

Westpac

$ 3,217,500.00

9%