Annual Report 2004–05

You are currently viewing: Annual report Management and Accountability Purchasing and assets management
Management of people | Contents | Consultants and competitive tendering and contracting

Purchasing and assets management

• Purchasing
• Assets management

Purchasing

All purchases made in 2004–05 were within financial delegations. The number and amount of purchases in the financial year were significantly lower than in 2003–04 because of the transfer of security funding to the Department of Parliamentary Services (as a result the department made no security purchases) and reduced activity during an election year.

During the year all staff were given training on purchasing and, as part of that training, were provided with a copy of the Commonwealth Procurement Guidelines. The guidelines were updated during the financial year. In addition to this training, the finance office provided purchasing advice to staff where appropriate.

Table 9 provides comparative information on the department’s purchasing in 2003–04 and 2004–05.

Assets management

The department’s assets management strategy assists it to achieve its outcome. The strategy focuses on efficient asset utilisation and allows us to identify underperforming assets and, if necessary, to redeploy capital to more value-added activities.

The total written-down value of the department’s assets at the end of 2004–05 was $4.61 million.

There were no losses of equipment during the financial year.

You are currently viewing: Annual report Management and Accountability Purchasing and assets management
Management of people | Contents | Consultants and competitive tendering and contracting

Comments to: web.reps@aph.gov.au
Last reviewed 5 October 2005 by the Web Manager
© Commonwealth of Australia
Parliament of Australia Web Site Privacy Statement
Images courtesy of AUSPIC