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Purchasing

The Treasury’s procurement activities were undertaken in accordance with the PGPA Act, Commonwealth Procurement Rules, and the Government’s Indigenous Procurement Policy. The Treasury applies these requirements through its internal financial and procurement policies.

Information on all Treasury contracts awarded with a value of $10,000 (inclusive of GST) or more is available on AusTender at: www.tenders.gov.au.

No contracts of $100,000 or greater (inclusive of GST) were let during 2017-18 that did not provide for the Auditor-General to have access to the contractor’s premises.

The Treasury supports small business participation in the Commonwealth Government procurement market. Participation statistics are available on the Department of Finance website at: www.finance.gov.au/procurement/statistics-on-commonwealth-purchasing-contracts.

The Treasury’s procurement practices support small and medium enterprises participating in procurement opportunities. This includes the mandatory use of the Commonwealth Contracting Suite for low risk procurements up to $200,000 (inclusive of GST).

The Treasury recognises the importance of paying small businesses on time. The results of the survey of Australian Government Payments to Small Businesses are available on the Department of Jobs and Small Business website at: https://docs.jobs.gov.au/documents/australian-government-pay-time-survey-performance-report-2017.

The Treasury fully supports the Indigenous Procurement Policy and has met its purchasing target set down by the Government to ensure indigenous employment and business opportunities continue to grow.