Federal Spending Explorer

Contract notice CN3951762 · Regional Investment Corporation

Loan Management System

$6.4m whole-of-life value, after 1 amendment

+$3.8m (+148.8%) since first published at $2.6m

Supplier
Infosys Technologies Limited
Agency
Regional Investment Corporation
Procurement method
selective
Term
2023-01-03 to 2028-07-16
Published
2023-03-15
Category (UNSPSC)
81162000
Agency reference
RIC2022.002

Worth a closer look

Value increased after award: +149% on first published value. Agencies must publish amendments that change a contract’s value. Large increases can mean the original scope or price was understated.

Common explanations: Additional work or an extended term agreed after award. Options in the original contract that were later taken up. A correction to a value entered wrongly.

Value by financial year

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

Financial yearEstimated amount
2022-23$562k
2023-24$1.1m
2024-25$1.1m
2025-26$1.1m
2026-27$1.1m
2027-28$1.1m
2028-29$50k

Published versions

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

DateVersionValue
2023-03-15original notice$2.6m
2025-12-01amendment$5.0m
2025-12-01amendment$6.4m
2025-12-01amendment$5.2m
2025-12-01amendment$5.4m
2025-12-01amendment$5.5m
2025-12-01amendment$5.6m
2025-12-01amendment$6.0m
2025-12-01amendment$6.1m
2025-12-01amendment$6.3m
2025-12-01amendment$6.4m