Federal Spending Explorer

Contract notice CN4193164 · Australian Securities and Investments Commission

Legal Services Procurement

$116k whole-of-life value, after 1 amendment

+$92k (+378.5%) since first published at $24k

Supplier
KANSEI LEGAL PTY LTD ABN 51689515848
Agency
Australian Securities and Investments Commission
Procurement method
limited tender
Reason given
Estimated value was under the procurement threshold.
Term
2025-09-25 to 2027-09-25
Published
2025-10-08
Category (UNSPSC)
80120000
Kind of work
Legal (high confidence) AI-classified
Agency reference
CON/GAUCON/CON004578/12

Worth a closer look

Grew past the open-tender threshold: first published at $24k. 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.

Supplier’s ABN was new: ABN active 58 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
2025-26$44k
2026-27$58k
2027-28$14k

Published versions

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

DateVersionValue
2025-10-08original notice$24k
2026-09-28amendment$44k
2026-09-28amendment$100k
2026-09-28amendment$116k