Business Risk Assessment for Prequalification and Tender Evaluations in Department of Finance

Guidance:
How the Department of Finance assesses the financial risk of working with a contractor.

The Department of Finance conducts business risk assessments where deemed necessary, including during the builders prequalification assessment and during the tender evaluation process.

Business Risk Assessment for Prequalification and Tender Evaluations

Show more
A business risk assessment uses a range of criteria to determine if a firm has financial capacity to undertake work with the Department of Finance.

This document details how business risk assessments are conducted and used to as part of the Builders Prequalification Scheme and during the tender evaluation process, and includes:

  • the financial criteria
  • the risk ratings
  • information needed as part of the assessment.

Business Risk Assessment Calculator

Show more
A calculator to assist contracting entities to conduct a preliminary business risk assessment against the predetermined financial criteria of the Department.

This calculator is a guide only and is not a formal assessment by the Department. To use it is to accept the disclaimer in the calculator.

Page reviewed 5 September 2019