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Management of financial resources

Procurement

The department applies the requirements of the Public Governance, Performance and Accountability Act and the Commonwealth Procurement Rules. During the reporting period, the procurement function was reviewed by an internal audit. No issues were identified with the department’s procurement practices and minor amendments to administrative practices were recommended. The department supports small business participation in the Commonwealth Government procurement market. Small and Medium Enterprises (SME) and Small Enterprise participation statistics are available on the Department of Finance’s website. The department has adopted the Commonwealth Contracting Suite for low-risk procurements valued under $200,000 and electronic systems and processes are used to facilitate on-time payment performance.

Consultancy and non-consultancy contracts

Expenditure on reportable consultancy contracts

The department engages consultants to provide specialist expertise when not available within the department, or where an independent assessment is desirable. The department uses various selection processes to engage consultants including open tender, selective tender, direct sourcing, a panel of recognised or pre-eminent experts, or consultants who have previously undertaken work for the department or are known to have the requisite skills.

Reportable consultancy contracts 2020–21

Number

Expenditure1 $

New contracts entered into during the reporting period

1

12,100

Ongoing contracts entered into during the previous reporting period

4

101,838

Total

5

113,938

Organisations receiving a share of the reportable consultancy contract expenditure 2020–21

Expenditure1 $

KPMG

72,886

Elizabeth Montano

13,473

Pickles Valuation Services

12,100

Storm IT Pty Ltd

10,528

McBeath Pty Ltd

4,950

Total

113,938

1 Expenditure is calculated on a cash basis and includes GST where applicable.

During 2020–21, one new consultancy contract was entered into involving total actual expenditure of $0.01m. In addition, four ongoing consultancy contracts were active during the period, involving total actual expenditure of $0.10m.
This amount does not include $0.16m for the provision of independent legal advice supporting the work of the two legislative scrutiny committees and the Joint Parliamentary Committee on Human Rights.

Annual reports contain information about actual expenditure on reportable consultancy contracts. Information on the value of reportable consultancy contracts is available on the AusTender website.

Expenditure on reportable non-consultancy contracts

Reportable non-consultancy contracts 2020–21

Number

Expenditure1 $

New contracts entered into during the reporting period

9

522,519

Ongoing contracts entered into during the previous reporting period

11

263,598

Total

20

786,117

Organisations receiving a share of the reportable non-consultancy contract expenditure 2020–21

Expenditure1 $

Encore IT Services

123,820

Dell Australia Pty Ltd

110,603

Aurion Corporation

107,447

Fuji Xerox Australia Pty Ltd

92,776

Fuji Xerox Business Force Pty Ltd

53,440

Technology One

42,726

Icelab

39,858

Total

570,671

1 Expenditure is calculated on a cash basis and includes GST where applicable.

Annual reports contain information about actual expenditure on reportable non-consultancy contracts. Information on the value of reportable non-consultancy contracts is available on the AusTender website.

Advertising and market research

In 2020–21, the department did not conduct any advertising campaigns or market research.