Western Australian universities and TAFEs spend hundreds of millions of dollars annually on purchasing a wide range of goods and services. A significant number of these purchases are made through contracts. Procurement contracts can vary in size, complexity, value, duration and risks involved. Robust contract management processes help to ensure that contracting is effective, meets standards expected by the Parliament and public, and provides good value for money for the tax payer.
Good management of contract extensions and variations is essential to achieving these outcomes.