Australian Government, the Australian Office of Financial Management

SENATE ORDER ON GOVERNMENT CONTRACTS
FOR THE FINANCIAL YEAR 1 JULY 2007 – 30 JUNE 2008

On 20 June 2001, the Senate agreed to an order requiring each Minister to table a letter of advice that a list of contracts, in respect of each agency administered by that Minister, has been placed on the Internet, with access to the list through the departments home page. This letter must be tabled no later than two months after the last day of the financial and calendar year.

With the inclusion of recent amendments to the order, the agency is required to list details of each contract including:

  • Each contract entered into by the agency which has not been fully performed or which has been entered into the previous 12 months, and which provides for a consideration to the value of $100,000 or more;
  • The contractor, consideration, commencement and expected completion dates, and the subject matter of each contract;
  • Whether each such contract contains provisions requiring the parties to maintain confidentiality of any of its provisions, or whether any provisions of the contract are regarded by the parties as confidential, and a statement of reasons for confidentiality; and
  • An estimate of the cost of complying with this order.

Contractor

Subject Matter

Estimated Consideration (incl. GST)

Start Date

Expected End Date

Whether contract contains provisions requiring the parties to maintain confidentiality of any of its provisions (Y/N)

Whether contract contains other requirements of confidentiality (Y/N)

Reason(s)

Bloomberg L.P.

Provision of subscriptions to Bloomberg Service including communication charges.

$510,727

05 July 2006

05 July 2010

No

No

 

Dell

Provision of IT equipment and associated maintenance services.

$251,742

7 September 2005

06 September 2009

No

No

 

PricewaterhouseCoopers

Internal Audit.

$648,441

01 July 2005

30 June 2010

No

No

 

Reserve Bank of Australia

Investment and security settlement facility.

$137,524

1 May 2007

30 June 2010

No

No

 

Reserve Bank of Australia

Registry Services.

$1,014,200

01 July 2008

30 June 2010

No

No

 

Reuters

Provision of market data.

$2,163,513

20 December 2001

19 December 2009

No

No

 

Sungard Treasury Systems Inc.

Provision of a software licence and ongoing support.

$2,904,739

19 April 2002

18 April 2012

Yes

Yes

Confidentiality of business information.

The cost of complying with the order is estimated at $609.00 based on direct employee labour cost (including on-costs).

Note 1 All AOFM contracts contain confidentiality provisions of a general nature that are designed to protect the confidential information of the parties that may be obtained or generated in carrying out the contract. The reasons for including such clauses include ordinary commercial prudence that requires protection of trade secrets, proprietary information and the like, and/or protection of other Commonwealth material and personal information.

Note 2 For the purpose of this report the previous 12 month period has been determined as the 12 month period from 1 July 2007 to 30 June 2008.

Note 3 The estimates for all contracts listed above have been determined by the project officers based on current information.

Note 4 This list does not include details of contracts the disclosure of which would be in breach of the Privacy Act 1988.

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