Whilst government agencies are required to comply with Purchasing Guidelines for various tenders, different operational conditions has required organisations to reassess their procurement practices whilst still meeting procurement Policy and procedures. In this context a risk mitigation strategy of appointing probity advisors/auditors is recommended for all tenders where there is reputational, legal and/or financial risks in the current operating environment.

Probity services encompass both advisory and audit services. As advisors, probity experts support the Procurement Manager and the Evaluation Team throughout the tender process to ensure an objective, fair and reasonable process is undertaken in the context of achieving value for money.

As probity auditors, probity experts undertake an independent audit at various points in time to ensure the procurement process has complied with probity principles. By appointing SW as your probity advisor or auditor, we can help to ensure/attest that all key steps in the procurement process are carried out in an objective, fair and reasonable manner.

Probity advisory services

As your probity advisor we will work closely with you and the organisation throughout the process to advise, review and support the team to ensure compliance with probity principles of objectivity, fairness and reasonableness.

We shall help you:

• develop a probity and evaluation plan
• support the evaluation team whenever you have questions
• help you identify risks and provide solutions as required
• support you if any complaints are made
• provide training on good probity and procurement practices.

At the end of the procurement process we shall provide the organisation with a Probity Advisor’s Report.

Probity audit services

As your independent probity auditor we shall undertake an evaluation of the tender process in order to provide an opinion as to whether the process was objective, fair and reasonable.

Typically the audit will be undertaken:

• at the end of the planning phase
• at the end of the evaluation phase
• at the end of the tender evaluation report preparation phase (prior to submission to the Project Sponsor for approval)
• as your auditor we will engage with you throughout the procurement process to address any concerns raised by yourself or the Probity Advisor.

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As businesses adapt to changes in global commodities markets, technological transformation and the stablishment of alternative energy sources, companies are seeking out advisors with solid industry experience who can provide cutting-edge business advice and solutions to meet their ever-changing needs. 

International demand for coal, iron ore and natural gas, coupled with major renewables and hydrogen operators across the country ensures Australia is well placed to maintain its coveted global position. However investor pressure and international reporting requirements on ESG and sustainability has and will continue to expand, putting pressure on mining and energy companies to adjust infrastructure and reporting capabilities.

Working closely with clients and investors across a broad range of energy and resources sectors, the SW team is highly experienced and regarded across the sector, providing integrated accounting, audit, advisory and tax services for both domestic and international companies.

Our team has deep experience and connections across the industry, remaining at the forefront of changes and consistently work to provide you with value-add opportunities to improve efficiencies, financial visibility, attract project finance and much more. 

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