What does INNOVATIVE ASSET SOLUTIONS PTY LTD do for the Australian Government?

INNOVATIVE ASSET SOLUTIONS PTY LTD is an Australian Government contractor with 5 contracts worth $557K since 2018. Their largest government client is Department of Defence, and their average contract value is $111K. Recent government contracting activity has declined.

Key Metrics

5Total Contracts
$557KTotal Value
1Agencies Served
$111KAvg Contract
8Years Active

How much does INNOVATIVE ASSET SOLUTIONS PTY LTD win in government contracts each year?

$0 $72K $144K $216K $288K 2018: $230K 2018 2019: $288K 2019 2020: $20K 2020 2025: $19K 2025
View data table
INNOVATIVE ASSET SOLUTIONS PTY LTD — Annual Government Contract Awards
YearContractsValue
20182$230K
20191$288K
20201$20K
20251$19K

Who are INNOVATIVE ASSET SOLUTIONS PTY LTD's biggest government clients?

AgencyContractsValueShare
Department of Defence 5 $557K 100.0%

What categories does INNOVATIVE ASSET SOLUTIONS PTY LTD supply to government?

CategoryContractsValueShare
3136-manufacturing-components-code-3136 1 $288K 51.7%
4014-distribution-systems-code-4014 3 $250K 44.9%
2700-tools-and-machinery-code-2700 1 $19K 3.5%

How does INNOVATIVE ASSET SOLUTIONS PTY LTD win government contracts?

MethodContractsValueShare
limited 5 $557K 100.0%

What are INNOVATIVE ASSET SOLUTIONS PTY LTD's largest government contracts?

ContractAgencyValueAwarded
Fuel Receptacle In-land Drain Assemblies Department of Defence $288K
Fuel In Line Strainer Department of Defence $166K
Carry out work detailed in Attachment Department of Defence $63K
FRIDA Training Department of Defence $20K
General Machinery Spare Parts Department of Defence $19K

What are INNOVATIVE ASSET SOLUTIONS PTY LTD's most recent government contracts?

ContractAgencyValueDate
General Machinery Spare Parts Department of Defence $19K
FRIDA Training Department of Defence $20K
Fuel Receptacle In-land Drain Assemblies Department of Defence $288K
Carry out work detailed in Attachment Department of Defence $63K
Fuel In Line Strainer Department of Defence $166K

Who competes with INNOVATIVE ASSET SOLUTIONS PTY LTD for government contracts?

Other suppliers winning contracts from the same agencies in similar categories.

SupplierContractsValue
H I FRASER PTY LTD 138 $10.7M
PALL AUSTRALIA PTY LTD 43 $9.1M
DMG / MORI SEIKI AUSTRALIA PTY LTD 10 $6.1M
J BLACKWOOD & SON LTD 196 $6.0M
JOHN HART PTY LTD 6 $5.9M
ORITECH 43 $5.8M
THALES AUSTRALIA LIMITED 29 $5.8M
600 MACHINE TOOLS PTY LTD 67 $5.2M
FRONTLINE AUSTRALASIA PTY LTD 102 $4.7M
TOLL REMOTE LOGISTICS PTY LTD 13 $4.6M

What size contracts does INNOVATIVE ASSET SOLUTIONS PTY LTD typically win?

Size RangeContractsTotal Value
$10K-$50K2$40K
$50K-$100K1$63K
$100K-$500K2$454K

What is INNOVATIVE ASSET SOLUTIONS PTY LTD's registered business information?

Australian Business Number (ABN)
24125677054
Registered Name
INNOVATIVE ASSET SOLUTIONS PTY LTD
Government Contracting Period
2018 – 2025

Verify entity details on the Australian Business Register.

Registered Business Details

Entity Type
Australian Private Company
ASIC Company Type
Proprietary Limited
ABN Status
Active
GST
Registered
ACN
125677054
ABN
24125677054 verify ↗
State
WA
Postcode
6155
Incorporated
30 May 2007 (18 years ago)

Source: Australian Business Register (ABR) + ASIC Companies Register. View on ABN Lookup ↗

Procurement Categories

UNSPSC categories where INNOVATIVE ASSET SOLUTIONS PTY LTD is active.

Manufacturing Components 1 contracts · $288K · 0.0% of category spend Distribution Systems 3 contracts · $250K · 0.1% of category spend Tools & Machinery 1 contracts · $19K · 0.0% of category spend

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