Contract Management and Contract Disclosure Policy

The contract management and disclosure policy covers the rules for managing and disclosing procurement contracts.

Contract Management and Contract Disclosure Policy

This policy covers the rules for managing and disclosing contracts.

The Contracts Publishing System (CPS) provides the public with information about contracts entered into by Victorian Government departments and entities that are mandated. A summary of information is available on contracts valued equal to or exceeding $100,000. For contracts valued over$10 million, the contract itself is available.

The CPS is useful to suppliers to obtain the details of: 

  • the types of goods and services sourced by departments 
  • whether you can tender for an existing open contract 
  • the expiry date of existing contracts to find out when contracts may be re-tendered 
  • contact details of the relevant contract manager for further information

Contract management covers all activities:

  • at the beginning
  • during
  • after

the contract period, to make sure all obligations are met.

It happens on 2 levels:

  • procurement activity - management of individual contracts made with suppliers
  • organisational planning - the contract management strategy is part of the organisation's business planning

Organisations need to make information publicly available when entering into contracts. This helps keep high standards of probity and transparency in government contracts.

To receive procurement updates, email

Policy 5: Contract management and contract disclosure


This policy outlines the requirements for contract management and contract disclosure. It is mandatory for all Victorian Government departments and any public bodies (hereafter referred to as ‘organisations’) that are subject to the supply policies of the Victorian Government Purchasing Board (VGPB).

The Contract management and contract disclosure policy covers 2 components.

  1. Contract management – Contract management is the systematic and efficient management of contract creation, execution and analysis for the purpose of maximising financial and operational performance and minimising risk.
  2. Contract disclosure – An organisation makes specific information available to the community on the contracts it has entered into with a supplier.

1.1 Contract management operates at 2 distinct levels:

  • at the level of the organisation as a high-level contract management planning strategy (CMPS)
  • at the level of individual procurement activity

1.1.1 Contract management at the organisational level

At the organisational level, a CMPS can identify how individual contracts in a procurement category could be managed. It positions contract management issues at the beginning of the procurement planning cycle and allows for the effective allocation of resources.

Developing a CMPS takes place at the beginning of the planning process after identifying procurement categories and carrying out an assessment of complexity.

Figure 1 indicates where the CMPS is considered and developed in the procurement process.

Figure 1: Contract management at the organisation level

1.1.2 Contract management at the individual procurement level

At the individual procurement activity level, contract management is the management of contracts made with supplier(s) to ensure that goods and services are delivered as agreed over the life of the contract and that value for money is consistently achieved. Contract management as a function can extend beyond the current term of the contract where there are ongoing obligations associated with maintenance agreements, warranties and guarantees.

Consideration of contract management issues is relevant across the elements of market analysis and review and market approach.

At the market approach stage of sourcing, it can inform prospective suppliers about the organisation’s intended legal arrangement in delivering the procurement requirement.

Figure 2 highlights the stages at which contract management is considered and implemented at the individual procurement activity level.

Figure 2: Contract management at the individual procurement level

1.2 Mandatory requirements

The organisation must manage its contracts in a manner that is appropriate for the complexity and risk of the procurement activity.

At a minimum, the organisation must develop:

  • a CMPS for categories of that represent a significant proportion of the organisation’s spend
  • a contract management plan for each individual procurement activity that is critical and high risk

The accountable officer must ensure that:

  • contracts are managed on behalf of the organisation by people with sufficient capability
  • contracts clearly define the performance standards, review mechanisms and deliverables required from the supplier

The organisation must:

  • keep an appropriate record of contracts on a contracts register
  • monitor contracts to ensure the expiry dates of insurance certificates are current and new certificates are obtained prior to expiry

2. Contract disclosure

Contract disclosure, including disclosure of variations, ensures high standards of probity and transparency in government procurement.

2.1 Mandatory requirements

2.2.1 Contract disclosure

Organisations must disclose the key details for contracts (excluding contracts under head agreements), with a total estimated value equal to or exceeding $100,000 (including GST) within 60 days of the award of a contract on the contract publishing system, the Tenders VIC website.

Disclosure relates to:

  • individual procurement contracts that are not contracts under head agreements such as state purchase contracts (SPC) and sole entity purchase contracts (SEPC)
  • head agreements such as state purchase contracts (SPC) and sole entity purchase contracts (SEPC)

Key details for disclosure include:

  • contract details:
  • contract number
  • contract title
  • type of contract
  • total estimated value of contract or SPC/SEPC
  • start date and current term of contract
  • category
  • organisation details:
  • organisation
  • contact person
  • contact number
  • email address
  • supplier details:
  • name of supplier
  • Australian Business Number or Australian Company Number

Organisations must disclose full contract information for contracts with an estimated value exceeding $10 million (including GST) on the contract publishing system. Only trade secrets or genuinely confidential business information will be withheld from voluntary disclosure, along with material which if disclosed would seriously harm the public interest. The Government will be guided by the criteria established by Parliament in the Freedom of Information Act 1982.

Organisations are to develop protocols and procedures detailing such exemptions from disclosure.

2.2.2 Variation disclosure

Each individual variation, or variations with a cumulative value exceeding $100, 000 (including GST) must be disclosed on the contract publishing system against the contract to which the variation relates. The estimated value of the variation and the adjustment to the total estimated value of the contract must be noted on the contract publishing system.

There are 4 other Victorian Government Purchasing Board (VGPB) policies, this is policy 5 of 5.


Tools and templates: 

Reviewed 08 May 2019

Was this page helpful?