In April 2024, the Department of Finance (Finance) released a Procurement Policy Note regarding the engagement of PricewaterhouseCoopers (PwC) Australia.
Subsequent to that advice, the mutual agreement between Finance and PwC Australia that PwC Australia will not bid for any new Commonwealth work has been extended until 30 June 2025. This extension is to allow PwC Australia further time to implement the recommendations outlined in the Independent Review of Governance, Culture and Accountability and for current investigations and inquiries to be progressed.
Under this agreement, Commonwealth officials should not be entering into any contracts with PwC Australia for any approaches to market which close before 30 June 2025. As per the previous note, this agreement does not cover the ongoing licencing or sale of PwC proprietary products (software) and existing contracts.
At the conclusion of the agreement period, Finance will provide an update to entities on the status of the cessation.
Further questions can be directed to procurementagencyadvice@finance.gov.au.
