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A requirement of the Government Information (Public Access) Act 2009 (Section 3, division 5) is that Council maintain a register of government contracts valued at $150,000 or more.

Class 1 contracts

A contract that the agency is a party to, which has (or is likely to have) a value of $150,000 or more.

Class 2 contracts

Additional information is required to be entered in the government contracts register for class 1 contracts to which any of the following applies:

  • when a there has not been a tender process,
  • the proposed contract has been the subject of a tendering process and the terms and conditions of the contract have been substantially negotiated with the successful tenderer,
  • the obligations of one or more parties under the contract to maintain or operate infrastructure or assets for 10 or more years,
  • the contract involves a privately financed project as defined by guidelines published by the Treasury,
  • the contract involves transfer of a significant agency concerned to another party to the contract in exchange for the transfer of an asset to the agency.

Class 3 contracts

If a class 2 contract has (or is likely to have) a value of $5 million or more.