Federal Spending Explorer

Contract notice CN4039476 · Department of Foreign Affairs and Trade

Banking Services

$6.6m whole-of-life value, after 1 amendment

+$5.9m (+836.6%) since first published at $700k

Supplier
Reserve Bank of Australia ABN 50008559486
Agency
Department of Foreign Affairs and Trade
Procurement method
limited tender
Exemption
App A: 2. From another Commonwealth, state, territory or local government entity.
Term
2023-09-27 to 2028-09-26
Published
2024-03-08
Category (UNSPSC)
84120000
Agency reference
4600016522

Worth a closer look

Value increased after award: +837% 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$998k
2024-25$1.3m
2025-26$1.3m
2026-27$1.3m
2027-28$1.3m
2028-29$316k

Published versions

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

DateVersionValue
2024-03-08original notice$700k
2026-10-16amendment$1.5m
2026-10-16amendment$3.7m
2026-10-16amendment$6.6m