Finance Regulations
43BPublication in the Gazette of details of contracts and standing offers
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43B Publication in the Gazette of details of contracts and standing offers
(1) Where the total estimated liability of the Commonwealth under a contract that includes a provision for the procurement of supplies to be procured or used in Australia is not less than $2,000, the person who entered into the contract must, as soon as practicable after the contract is entered into, publish in the Gazette details of the contract that are sufficient to identify:
(a) the supplier; and
(b) the supplies; and
(c) the total estimated liability.
(2) The person who enters into a standing offer arrangement for supplies for the Commonwealth must, as soon as practicable after the arrangement is entered into, publish in the Gazette details of the standing offer that are sufficient to identify:
(a) the supplier; and
(b) the supplies; and
(c) the period of the offer; and
(d) the total estimated value.
(3) The guidelines mentioned in regulation 42 may:
(a) specify other details of contracts or of standing offers that are to be published in the Gazette in the public interest; and
(b) provide for the manner in which the details are to be published in the Gazette; and
(c) specify a period within which the details are to be published in the Gazette.
(4) The Secretary to the Department that is responsible for procurement of supplies may, in writing, direct that details of contracts or standing offers that, in his or her opinion, are exempt matters under the Freedom of Information Act 1982 are not to be published in the Gazette in accordance with this regulation.
(5) In this regulation standing offer means an arrangement under which a supplier will, during a specified period, provide supplies on specified terms after an order for a specified quantity of the supplies is given to the supplier.
Part IIA Commitments requiring expenditure of public moneys