What does BEAN IT do for the Australian Government?

BEAN IT is an Australian Government contractor with 15 contracts worth $5.2M since 2021. Their largest government client is Department of Veterans' Affairs, and their average contract value is $345K. Recent government contracting activity has declined.

Key Metrics

15Total Contracts
$5.2MTotal Value
2Agencies Served
$345KAvg Contract
5Years Active
4Expiring (12mo)

How much does BEAN IT win in government contracts each year?

$0 $460K $920K $1.4M $1.8M 2021: $920K 2021 2022: $1.1M 2022 2023: $659K 2023 2024: $673K 2024 2025: $1.8M 2025
View data table
BEAN IT — Annual Government Contract Awards
YearContractsValue
20212$920K
20225$1.1M
20232$659K
20242$673K
20254$1.8M

Who are BEAN IT's biggest government clients?

AgencyContractsValueShare
Department of Veterans' Affairs 12 $3.7M 71.4%
Services Australia 3 $1.5M 28.6%

What categories does BEAN IT supply to government?

CategoryContractsValueShare
8011-human-resources-services 13 $4.1M 79.3%
8111-computer-programming-and-it-services 2 $1.1M 20.7%

How does BEAN IT win government contracts?

MethodContractsValueShare
open 15 $5.2M 100.0%

Which BEAN IT government contracts are expiring soon?

BEAN IT has 4 contracts worth $1.8M expiring in the next 12 months. These represent potential recompete opportunities for competing suppliers.

ContractAgencyValueExpires
Labour Hire Services Australia $583K
Temporary Personnel Services Department of Veterans' Affairs $362K

What are BEAN IT's largest government contracts?

ContractAgencyValueAwarded
Temporary personnel Department of Veterans' Affairs $600K
Labour Hire Services Australia $583K
Labour Hire Services Australia $486K
Labour Hire Services Australia $409K
Temporary Personnel Services Department of Veterans' Affairs $362K

What are BEAN IT's most recent government contracts?

ContractAgencyValueDate
Temporary Personnel Services Department of Veterans' Affairs $362K
Labour Hire Services Australia $409K
Labour Hire Services Australia $583K
Labour Hire Services Australia $486K
Temporary Personnel Services Department of Veterans' Affairs $340K
Temporary Personnel Services Department of Veterans' Affairs $333K
Temporary Personnel Services Department of Veterans' Affairs $339K
Temporary Personnel Services Department of Veterans' Affairs $320K
Temporary Personnel Services Department of Veterans' Affairs $135K
Temporary personnel Department of Veterans' Affairs $245K

Is BEAN IT's government business growing or declining?

↓ 55.8%

Significant decline — contract value dropped 56% year-over-year.

Based on comparison of last 12 months vs prior 12 months of awarded contract value.

Who competes with BEAN IT for government contracts?

Other suppliers winning contracts from the same agencies in similar categories.

SupplierContractsValue
IBM AUS LTD 92 $1.67B
CHANDLER MACLEOD (CENTRAL ACCOUNT) 432 $635.8M
HAYS SPECIALIST RECRUITMENT (AUST) P/L 2,688 $635.2M
ADECCO AUS P/L 188 $516.8M
MODIS CONSULTING-MODIS STAFFING P/L 587 $489.2M
SERCO CITIZEN SERVICES PTY LTD 3 $452.1M
Concentrix Services Pty Ltd 2 $370.8M
Infosys Technologies Limited 14 $363.0M
Datacom Connect Pty Ltd 2 $322.5M
PROBE ASIA PACIFIC PTY LTD 2 $298.4M

What size contracts does BEAN IT typically win?

Size RangeContractsTotal Value
$100K-$500K13$4.0M
$500K-$1M2$1.2M

What is BEAN IT's registered business information?

Australian Business Number (ABN)
17140737720
Registered Name
BEAN IT
Government Contracting Period
2021 – 2025

Verify entity details on the Australian Business Register.

Registered Business Details

Entity Type
Australian Private Company
ASIC Company Type
Proprietary Limited
ABN Status
Active
GST
Registered
ACN
140737720
ABN
17140737720 verify ↗
State
ACT
Postcode
2607
Incorporated
24 November 2009 (16 years ago)

Source: Australian Business Register (ABR) + ASIC Companies Register. View on ABN Lookup ↗

Procurement Categories

UNSPSC categories where BEAN IT is active.

Management & Professional Services 13 contracts · $4.1M · 0.0% of category spend Engineering & Research 2 contracts · $1.1M · 0.0% of category spend

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