Management of financial resources

Procurement

The department applies the requirements of the Public Governance, Performance and Accountability Act 2013 and the Commonwealth Procurement Rules. No issues were identified with the department’s procurement practices during the reporting period. 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

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.

Decisions to engage consultants during 2022–23 were made in accordance with the PGPA Act and related regulations, including the Commonwealth Procurement Rules and relevant internal policies.

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

Expenditure on reportable consultancy contracts

Reportable consultancy contracts 2022–23 Number Expenditure1 $
New contracts entered into during the reporting period 2 12,466
Ongoing contracts entered into during the previous reporting period 4 93,808
Total 6 106,274
Organisations receiving a share of the reportable consultancy contract expenditure 2022–23 Expenditure1 $
KPMG 59,413
Elizabeth Montano 17,175
McBeath Pty Ltd 10,175
Synergy Group Australia 8,123
Storm IT Pty Ltd 7,046
Total 101,931
1 Expenditure is calculated on a cash basis and includes GST where applicable.

During 2022–23, two new consultancy contracts were entered into involving total expenditure of $0.01m. In addition, four ongoing consultancy contracts were active during the period, involving total actual expenditure of $0.09m.

This amount does not include $0.17m for the provision of independent legal advice supporting the work of the two legislative scrutiny committees and the Parliamentary Joint Committee on Human Rights.

Expenditure on reportable non-consultancy contracts

Reportable non-consultancy contracts 2022–23 Number Expenditure1 $
New contracts entered into during the reporting period 6 415,220
Ongoing contracts entered into during the previous reporting period 16 538,230
Total 22 953,450
Organisations receiving a share of the reportable non-consultancy contract expenditure 2022–23 Expenditure1 $
designcraft 361,330
Encore IT Services 145,728
TechnologyOne 86,544
Currie Group 46,500
Aurion Corporation 44,314
Total 684,417
1 Expenditure is calculated on a cash basis and includes GST where applicable.