The Department of Finance (Finance) administers the Management Advisory Services (MAS) Panel for the benefit of participating agencies, including reviewing and refreshing the MAS Panel as required.
Finance has now released the first refresh Request for Tender (RFT) for Financial Management Advisory Services for the MAS Panel on AusTender. Please go to AusTender to view the published RFT FIN/MASR1-RFT: https://www.tenders.gov.au/Atm/Show/caed0e56-d712-41ac-8652-d3b1a46b412d (note the RFT closes 18 December 2023 2:00 pm ACT Local Time).
This refresh is for all Financial Management Advisory Service Subcategories under the following Service Categories:
Accounting;
Financial Advisory;
Financial Audit; and
Actuarial.
This refresh also includes the addition of a new Service Subcategory for Investment Banking Services under the Financial Advisory Service Category.
As detailed in the RFT documentation, the anticipated refresh timetable is as detailed in the table below:
Refresh | Milestone | Date |
|---|---|---|
Refresh 1 - Financial Management Advisory Services | RFT Release | November 2023 |
Services Commencement Date | July 2024 | |
Refresh 2 - Corporate and Commercial Management Advisory Services | RFT Release | August 2024 |
Services Commencement Date | April 2025 |
Respondents considering submitting a Tender for the Financial Management Advisory Services refresh should note the following:
| Description of Respondent | Application to this RFT |
| The Respondent submitted a tender for the existing Phase 1 – Financial Management Advisory Services and was successful. | The Respondent cannot retender for the Service Subcategories listed in Schedule 2 of their Head Agreement. |
| The Respondent submitted a tender for the existing Phase 1 – Financial Management Advisory Services and was unsuccessful in any or all Service Subcategories. | The Respondent is permitted to retender and submit a tender for this RFT. |
| The Respondent did not submit a tender for the existing Phase 1 – Financial Management Advisory Services. | The Respondent is permitted to submit a tender for this RFT. |
| The Respondent only proposes to provide services under Corporate and/or Commercial Management Advisory Services. | This RFT does not relate to Corporate and/or Commercial Management Advisory Services, and accordingly the Respondent is not required to respond to this RFT but may be able to respond to subsequent refresh RFT processes. |
