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.

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.