What does VELOCITY SCIENTIFIC SOLUTIONS do for the Australian Government?

VELOCITY SCIENTIFIC SOLUTIONS is an Australian Government contractor with 11 contracts worth $523K since 2014. Their largest government client is Department of Industry, Science and Resources, and their average contract value is $48K. Recent government contracting activity has declined.

Key Metrics

11Total Contracts
$523KTotal Value
3Agencies Served
$48KAvg Contract
11Years Active

How much does VELOCITY SCIENTIFIC SOLUTIONS win in government contracts each year?

$0 $43K $85K $128K $171K 2014: $31K 2014 2015: $82K 2015 2017: $84K 2017 2018: $26K 2018 2022: $171K 2022 2023: $37K 2023 2024: $92K 2024
View data table
VELOCITY SCIENTIFIC SOLUTIONS — Annual Government Contract Awards
YearContractsValue
20142$31K
20151$82K
20172$84K
20181$26K
20221$171K
20231$37K
20243$92K

Who are VELOCITY SCIENTIFIC SOLUTIONS's biggest government clients?

AgencyContractsValueShare
Department of Industry, Science and Resources 7 $288K 55.0%
Department of Defence 3 $225K 42.9%
Bureau of Meteorology 1 $11K 2.1%

What categories does VELOCITY SCIENTIFIC SOLUTIONS supply to government?

CategoryContractsValueShare
4110-laboratory-and-scientific-equipment 6 $368K 70.2%
7210-building-construction-services 1 $82K 15.7%
8111-computer-programming-and-it-services 2 $37K 7.0%
4112-laboratory-supplies-and-fixtures 1 $26K 4.9%
4111-measuring-and-observing-and-testing-instruments 1 $11K 2.1%

How does VELOCITY SCIENTIFIC SOLUTIONS win government contracts?

MethodContractsValueShare
limited 11 $523K 100.0%

What are VELOCITY SCIENTIFIC SOLUTIONS's largest government contracts?

ContractAgencyValueAwarded
Laboratory and Scientific Equipment Department of Defence $171K
Building and Construction Services Department of Industry, Science and Resources $82K
Purchase of Specialised Equipment/Materials Department of Industry, Science and Resources $68K
Purchase of Scientific Equipment Hydrogen Gas Generator Department of Industry, Science and Resources $37K
Purchase of Scientific Equipment Department of Industry, Science and Resources $35K

What are VELOCITY SCIENTIFIC SOLUTIONS's most recent government contracts?

ContractAgencyValueDate
Laboratory Air Supply System Department of Defence $28K
Purchase of Scientific Equipment Department of Industry, Science and Resources $35K
Purchase of Scientific Equipment Zero Air Generator Department of Industry, Science and Resources $29K
Purchase of Scientific Equipment Hydrogen Gas Generator Department of Industry, Science and Resources $37K
Laboratory and Scientific Equipment Department of Defence $171K
Switching Valves Department of Defence $26K
Purchase of Maintenance and Support Services Department of Industry, Science and Resources $17K
Purchase of Specialised Equipment/Materials Department of Industry, Science and Resources $68K
Building and Construction Services Department of Industry, Science and Resources $82K
Preventative Maintenance of Hydrogen Generation Units Department of Industry, Science and Resources $20K

Is VELOCITY SCIENTIFIC SOLUTIONS's government business growing or declining?

↓ 100.0%

Significant decline — contract value dropped 100% year-over-year.

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

Who competes with VELOCITY SCIENTIFIC SOLUTIONS for government contracts?

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

SupplierContractsValue
BROADSPECTRUM (AUSTRALIA) PTY LTD 943 $7.87B
LENDLEASE BUILDING PTY LIMITED 80 $7.10B
Spotless Facility Services Pty Ltd 1,576 $6.10B
LEND LEASE BUILDING CONTRACTORS PTY LTD 45 $5.20B
Thales Australia Limited 426 $3.16B
PRAECO PTY LIMITED 13 $2.98B
LAING O'ROURKE AUSTRALIA 41 $2.77B
Leidos Australia Pty Ltd 554 $2.53B
COMPASS RAAF AMBERLE 4 $2.46B
CPB CONTRACTORS PTY LIMITED 34 $2.28B

What size contracts does VELOCITY SCIENTIFIC SOLUTIONS typically win?

Size RangeContractsTotal Value
$10K-$50K8$203K
$50K-$100K2$150K
$100K-$500K1$171K

What is VELOCITY SCIENTIFIC SOLUTIONS's registered business information?

Australian Business Number (ABN)
45596972846
Registered Name
VELOCITY SCIENTIFIC SOLUTIONS
Government Contracting Period
2014 – 2024

Verify entity details on the Australian Business Register.

Registered Business Details

Entity Type
Other Partnership
ABN Status
Active
GST
Cancelled
ABN
45596972846 verify ↗
State
WA
Postcode
6112

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

Procurement Categories

UNSPSC categories where VELOCITY SCIENTIFIC SOLUTIONS is active.

Laboratory & Testing 8 contracts · $404K · 0.0% of category spend Construction & Maintenance 1 contracts · $82K · 0.0% of category spend Engineering & Research 2 contracts · $37K · 0.0% of category spend

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