Australian Government requirements

Australian Government requirements
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Payment for services received

The CPGs refer specifically to the Government’s 30-day payment policy. In the case of FMA agencies dealing with small businesses (less than 20 full time equivalent employees), maximum payment terms are not to exceed 30 days from the date of receipt of specified property and/or services, and a correctly rendered invoice up to the value of $5 million.

Accountability and transparency requirements

Transparency of agencies’ use of confidential contract provisions is achieved in chapter 7 of the CPGs by requiring FMA agencies to:

Publish details of all contracts and interagency agreements above $10,000 on AusTender within 6 weeks of signature. Variations of $10,000 or more must also be published.
Place lists of contracts with a consideration of $100,000 or more, which have not been fully performed or which have been entered into during the previous 12 months, on the Internet with access through their home page (the so-called Murray Motion). Contracts with confidentiality clauses must be identified, and DOFA (2004b) provides a template for doing so.
Publish in their Annual Report as assessment of performance against core purchasing policies and principles. Reports must separately identify details of contracts with consultants. See PM&C (2004) (www.pmc.gov.au) and DOFA 2004a.