Federal Spending Explorer

Contract notice CN4056947 · Geoscience Australia

Annual Subscription - S and P Global

$167k whole-of-life value, after 1 amendment

+$112k (+202.5%) since first published at $55k

Supplier
S&P GLOBAL MARKET INTELLIGENCE LLC
Agency
Geoscience Australia
Procurement method
limited tender
Reason given
10.3.d.ii. Supply by particular business: with no reasonable alternative or substitute: to protect exclusive rights or proprietary information.
Term
2024-04-02 to 2027-04-01
Published
2024-05-22
Category (UNSPSC)
55110000
Agency reference
CON/GAUCON/CON008286/4

Worth a closer look

Grew past the open-tender threshold: first published at $55k. 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
2023-24$14k
2024-25$56k
2025-26$56k
2026-27$42k

Published versions

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

DateVersionValue
2024-05-22original notice$55k
2026-07-29amendment$167k