If you are trying to track the spending of your key client agencies, or your competitors, Senate Order Reports by Federal Government agencies are a valuable source of information. These reports provide detailed information about significant expenditure by 94 Federal agencies (against contracts) during the previous 12 months.
In accordance with a Senate Order, all Financial Management and Accountability Act 1997 Agencies are required to provide details (via the internet) of contracts valued at $100,000 or more that are current or entered into during the previous twelve months. Agencies are required to report this information twice yearly, no later than the 31 August, in the case of the financial year listing and no later than 28 February, for the calendar year listing.
From the reports, you’ll be able to find exactly how much an agency spent against each contract, including short-term contracts that are completed during the period, long-term contract extending over several years, and panel contracts.
The reports provide the following details:
- Supplier name
- Value of the contract
- Description of each contract
- Commencement and actual or expected completion date
- Special provisions of the contract including confidentiality provisions.
94 departments and agencies are required to publish these reports on their websites.
Information from Senate Order Reports are incorporated into Intermedium’s Agency Profiles. The report data is analysed to extract ICT contract information. This information is then “cleansed” and categorised to make it more useful to clients. For more information about Agency Profiles, and other market intelligence available from Intermedium, contact Leah Taylor at Intermedium by email or by phone on (02) 9817 5757.