Federal Spending Explorer

Contract notice CN3897782 · Future Fund Management Agency

Membership Fees

$264k whole-of-life value, after 1 amendment

+$249k (+1616.9%) since first published at $15k

Supplier
Financial Institutions Remuneration Group Inc ABN 74551852623
Agency
Future Fund Management Agency
Procurement method
limited tender
Reason given
10.3.e. Additional deliveries by original supplier intended as replacement parts, extensions, or continuation for existing goods or services for compatibility.
Term
2022-07-15 to 2026-06-30
Published
2022-07-29
Category (UNSPSC)
80110000
Kind of work
Other (low confidence) AI-classified
Agency reference
FFMA3370

Worth a closer look

Grew past the open-tender threshold: first published at $15k. The Commonwealth Procurement Rules require an agency to estimate a procurement’s maximum value, including options and extensions, before choosing how to buy. Open tender is generally required at or above the threshold.

Common explanations: Extra work that could not have been foreseen at award. A nominal value published at award and updated once the actual amount was known. A construction contract outside AusTender category 72, which we cannot tell apart from other services.

Value by financial year

The total value spread evenly from start to end date. estimate: annualised

Financial yearEstimated amount
2022-23$64k
2023-24$67k
2024-25$67k
2025-26$67k

Published versions

Every version of this notice we have loaded. Source: AusTender OCDS API.

DateVersionValue
2022-07-29original notice$15k
2025-08-18amendment$33k
2025-08-18amendment$264k