Federal Spending Explorer

Contract notice CN4157297 · Royal Australian Mint

Advisory Board Member services

$162k whole-of-life value, after 1 amendment

+$93k (+136.8%) since first published at $68k

Supplier
David Milton Krasnostein ABN 17234735671
Agency
Royal Australian Mint
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
2023-01-01 to 2025-12-31
Published
2025-06-11
Category (UNSPSC)
80100000
Kind of work
Other (low confidence) AI-classified
Agency reference
22/196

Worth a closer look

Grew past the open-tender threshold: first published at $68k. 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.

Published long after it started: published 892 days after start. The Commonwealth Procurement Rules require agencies to report contracts on AusTender within 42 days of entering into them.

Common explanations: A start date set earlier than signing, to cover work under an earlier arrangement. A lease or agreement republished under a new notice when it was renewed or varied. Administrative delay in reporting.

Supplier’s ABN was new: ABN active 10 days before award. When assessing value for money, the Commonwealth Procurement Rules ask agencies to consider each supplier’s performance history and the relative risk of each proposal. A business with a short record has less history to assess.

Common explanations: A joint venture, partnership or trust set up for one project or lease. A new company formed when an established business restructured or was sold. An Australian subsidiary set up by an established overseas supplier. An ABN cancelled and later reactivated, which the register shows as a new start date.

Value by financial year

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

Financial yearEstimated amount
2022-23$27k
2023-24$54k
2024-25$54k
2025-26$27k

Published versions

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

DateVersionValue
2025-06-11original notice$68k
2026-04-15amendment$162k