Federal Spending Explorer

Contract notice CN4003753 · Department of Finance

Software

$1.8m whole-of-life value, after 1 amendment

+$1.7m (+1267.4%) since first published at $131k

Supplier
FACTOR TECH PTY LTD ABN 39644724701
Agency
Department of Finance
Procurement method
open tender
Term
2023-09-15 to 2026-11-19
Published
2023-09-18
Category (UNSPSC)
43230000
Agency reference
4400069228

Worth a closer look

Value increased after award: +1267% 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
2023-24$448k
2024-25$564k
2025-26$564k
2026-27$219k

Published versions

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

DateVersionValue
2023-09-18original notice$131k
2026-09-24amendment$200k
2026-09-24amendment$1.8m
2026-09-24amendment$396k
2026-09-24amendment$640k
2026-09-24amendment$833k
2026-09-24amendment$913k
2026-09-24amendment$1.3m
2026-09-24amendment$1.6m
2026-09-24amendment$1.7m
2026-09-24amendment$1.8m