Deliver core transactional financial and payroll management services and related reporting for the Infrastructure and Project Financing Agency (IPFA), consistent with Commonwealth policies and the Public Governance, Performance and Accountability Act 2013 (PGPA Act) and associated Rule.

Services shall include, but are not limited to:

Transactional Services

•Provision of financial management and HR IT systems including accounts payable, payroll, expense claim, reporting add-ons

•Fortnightly payroll processing

•Accounts payable/ accounts receivable processing

•Bank account administration, including receipting funds, collating payments for approval and release, reconciliation of corporate credit cards and monthly sweeping arrangements

•Monthly and quarterly Government reporting (financial reporting, expenditure reporting, payroll reporting)

•Lodgement of quarterly Business Activity Statement ("BAS") with the ATO

•Lodgement of monthly Instalment Activity Statement ("IAS") with the Australian Taxation Office ("ATO")

•Quarterly superannuation contribution payment and reporting to employee funds

•Preparation of PAYG payment summaries and provision of same to employees

•Preparation of PAYG payment summary statement and lodgement with the ATO

•Lodgement of Fringe Benefit Tax ("FBT") return

•Preparation of annual financial statements

It is anticipated that the arrangements will be required for up to 2 years from 1 July 2020, after which IPFA will transition to the Commonwealth Government's shared services arrangements.

Phase 2 – Transition Out Services

•Liaison with a potential alternate shared services provider (within the Commonwealth) over transition out services

•Other services as identified through transition planning and implementation.