Division 5 of the NSW Government Information (Public Access) Act requires the University to maintain a publicly available Register of Contracts to which it is a party and which has, or is likely to have, a value of $150,000 or more. This Register is required to be published on the University’s website.
The contracts that are required to be reported are those in which a party agrees to:
- Undertake a project, (for example: construction, infrastructure or property development);
- the provision of specific goods or services, (for example: information technology services);
- transfer real property to another party in the contract;
- a lease of real property.
Note that contracts of employment are not required to be reported.
Classes of contracts
The Act identifies three classes of contracts. Contracts entered into by the University following the usual tendering process will be Class1 contracts. Class 2 contracts are generally those where there has not been a tender process and have a value of less than $5 million. Class 3 contracts are those with a value of more than $5 million.
The detail required to be reported varies with each Class of contract. For full details of the requirements refer to Division 5 of the Act.
Some confidential information is not required to be included in the Register of Contracts, as set out in section 32 of the Act.