All local governments in New South Wales are required under the Government Information (Public Access) Act 2009 (GIPA Act) to record and disclose certain information about contracts with private sector bodies.
Contracts to be recorded in the register of contracts between Council and private sector bodies worth more than $150,000 and involve:
There are three classes of Contract recognised under the GIPA Act, and the information that is to be disclosed varies with each classification.
Class 1 contracts are those over $150,000 via a tender process
Class 2 contracts are those over $150,000 and where generally there has been a public tender process and subsequent substantial negotiation with the contractor.
Class 3 contracts are those over $5 million dollars