What does Economic Development do for the Australian Government?

Economic Development is an Australian Government contractor with 7 contracts worth $649K since 2014. Their largest government client is Austrade, and their average contract value is $93K. Recent government contracting activity has declined.

Key Metrics

7Total Contracts
$649KTotal Value
5Agencies Served
$93KAvg Contract
13Years Active
1Expiring (12mo)

How much does Economic Development win in government contracts each year?

$0 $125K $249K $374K $498K 2014: $15K 2014 2019: $498K 2019 2020: $13K 2020 2021: $11K 2021 2023: $76K 2023 2024: $20K 2024 2026: $15K 2026
View data table
Economic Development — Annual Government Contract Awards
YearContractsValue
20141$15K
20191$498K
20201$13K
20211$11K
20231$76K
20241$20K
20261$15K

Who are Economic Development's biggest government clients?

AgencyContractsValueShare
Austrade 2 $513K 79.1%
National Capital Authority 1 $76K 11.8%
Department of Parliamentary Services 2 $35K 5.4%
Department of Education 1 $13K 2.0%
Department of Employment and Workplace Relations 1 $11K 1.7%

What categories does Economic Development supply to government?

CategoryContractsValueShare
8015-marketing-and-distribution 1 $498K 76.8%
3012-roads-and-landscape 1 $76K 11.8%
8014-accounting-and-auditing-and-financial-services 5 $74K 11.4%

How does Economic Development win government contracts?

MethodContractsValueShare
open 1 $498K 14.3%
limited 6 $150K 85.7%

What are Economic Development's largest government contracts?

ContractAgencyValueAwarded
TradeStart Agreement for services in ACT 2019-2023 Austrade $498K
Floriade 2022 Additional Turf Remediation National Capital Authority $76K
Enlighten 2024 - Events ACT Department of Parliamentary Services $20K
Collaboration Agreement to partner around the Match Australia Program Austrade $15K
Enlighten Festival projection 2026 Department of Parliamentary Services $15K

What are Economic Development's most recent government contracts?

ContractAgencyValueDate
Enlighten Festival projection 2026 Department of Parliamentary Services $15K
Enlighten 2024 - Events ACT Department of Parliamentary Services $20K
Floriade 2022 Additional Turf Remediation National Capital Authority $76K
Promotional Agreement 2021 Australian Training Awards Department of Employment and Workplace Relations $11K
2020 Australian Training Awards ACT Promotional Agreement Department of Education $13K
TradeStart Agreement for services in ACT 2019-2023 Austrade $498K
Collaboration Agreement to partner around the Match Australia Program Austrade $15K

Who competes with Economic Development for government contracts?

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

SupplierContractsValue
Orc Aus Pty Ltd 3 $66.8M
Southern Asphalt Services Pty Ltd 4 $17.9M
Hawkins Civil Pty Ltd 2 $10.9M
Woden Contractors Pty Ltd 1 $9.1M
INVESTMENT NSW 2 $6.9M
DEPARTMENT OF INDUSTRY 4 $6.0M
Norman McMahon Patches Asphalt 5 $4.7M
TRADE AND INVESTMENT QUEENSLAND 2 $4.3M
CLEMENGER BBDO (SYDNEY) PTY LTD 2 $3.8M
AUSTRALIAN INDUSTRY GROUP 2 $3.2M

What size contracts does Economic Development typically win?

Size RangeContractsTotal Value
$10K-$50K5$74K
$50K-$100K1$76K
$100K-$500K1$498K

What is Economic Development's registered business information?

Australian Business Number (ABN)
72397293490
Registered Name
Economic Development
Government Contracting Period
2014 – 2026

Verify entity details on the Australian Business Register.

Registered Business Details

Entity Type
Territory Government Entity
ABN Status
Active
GST
Registered
ABN
72397293490 verify ↗
State
ACT
Postcode
2601

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

Procurement Categories

UNSPSC categories where Economic Development is active.

Management & Professional Services 6 contracts · $572K · 0.0% of category spend Structures & Construction 1 contracts · $76K · 0.0% of category spend

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