We looked at Tendertrace to review the 2024 market performance and look at the opportunity trends for 2025.

2024 Highlights:

In 2024, the government awarded a total of $94.3 billion across 101,615 notices, spanning 504 buyers and 34,687 suppliers. This is a significant decrease compared to $150 billion in awarded contracts in 2023.

Find out who the largest single contract in 2024 was awarded to, with a value of $2.3 billion by the Department of Home Affairs, simply fill in the form below to request more insights. 

The Facilities Maintenance category accounted for 17.21% of awarded contracts in 2024, amounting to $4.5 billion across 104 contracts.

2025 Opportunity Trends:

There is a total amount of $192.9B expiring contracts in 2025, across 77,951 notices spanning 638 buyers and 33,317 suppliers

Get access to the online report to find who has the largest expiring contract in 2025, valued at $14.0 billion, representing 28.7% of the total government expiring contracts for the year.

Government expiring contracts in 2025 are predominantly concentrated in five major industry sectors,  with a total value of $39.2 billion. Find out which sectors by requesting the online insight report.

Fill in the form below to access the full report with more insights and trends.