Procurement Probity Breaches
Definition
In ATO's IT managed services procurement, key probity risks including a senior officer’s conflict of interest were not appropriately managed, despite largely sound governance.
Key Findings
- Financial Impact: AUD 100,000+ in rework and delay costs per conflicted tender (based on multi-year contracts worth millions)
- Frequency: Per major IT tender above $80k threshold
- Root Cause: Manual oversight of conflicts without automated tracking
Why This Matters
The Pitch: IT firms in Australia waste AUD 500k+ per major procurement on probity mismanagement. Automation of conflict tracking and compliance checks eliminates this risk.
Affected Stakeholders
Procurement Managers, IT Directors, CFOs
Deep Analysis (Premium)
Financial Impact
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Current Workarounds
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Methodology & Sources
Data collected via OSINT from regulatory filings, industry audits, and verified case studies.
Related Business Risks
Non-Compliance with Mandatory Panels
Lack of Asset Visibility in Procurement
Data Breach Reporting Fines
Backup Failure Downtime Costs
DRaaS Market Gap Losses
Cloud Cost Allocation Waste
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