PBD-2026-03 KPMG Procurement Restrictions
Suspension of new procurements involving KPMG and an approval and reporting process for certain engagements.
Issued: by NSW Procurement Board
Key information
- Status
- Active
- Type
- NSW Procurement Board Direction
- Identifier
- PBD-2026-03
- Compliance
- Mandatory
- Updated
Who needs to know and/or comply with this?
- Departments
- Executive agencies related to Departments
- Separate agencies
- Statutory Authorities/Bodies
- Subsidiaries of the NSW Government established under the Corporations Act
About
Suspension of new procurements involving KPMG and an approval and reporting process for engagements under existing in-flight procurements and extension, renewal or variations of existing engagements.
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Detailed Outline This Direction deals with the procurement of services by or for a government agency within the meaning of the Public Works and Procurement Act 1912 (as amended). Context The NSW Government engages KPMG across a range of advisory and professional services. On 15 June 2026 the Australian Government Department of Finance issued a Procurement Policy Note:
On 15 June 2026 KPMG Australia wrote to NSW Treasury and agreed to the same ‘no bid’ period on any new work in NSW for the period of the review. The Procurement Board will consider the findings of the independent review at completion. This direction includes all Australian entities in the KPMG group (Attachment A). It also applies to new contracts with a third party which include KPMG being appointed as a subcontractor to that third party. Suspension of new procurement activities with KPMG This Direction directs all government agencies to suspend starting any new procurement activities involving KPMG. This includes new procurement activities under whole-of-government schemes, agency-specific schemes or new procurement activities outside of those schemes.Approval process for in-flight procurement activities involving KPMG For any in-flight procurement activities involving KPMG as at the date of this Direction, KPMG must not be engaged without the written approval of the relevant Department Secretary (or delegate) as set out below. New engagements involving KPMG by a government agency will then need to be reported to the Procurement Board.Approval process for extension, renewal or variation of existing engagement This Direction requires all government agencies to seek prior written approval of the relevant portfolio Department Secretary (or delegate) for any extension, renewal or variation of an existing engagement with KPMG as at the date of this Direction. The process for this is set out below. Any extension, renewal or variation of an existing engagements with KPMG by a government agency will then need to be reported to the Procurement Board.Department Secretary approval process The relevant portfolio Department Secretary may approve for the relevant government agency to enter into a new engagement (under any in-flight procurement) or extend, renew or vary an existing engagement with KPMG subject to the following conditions:1. The government agency will undertake a case-by-case assessment of the proposed new engagement (under any in-flight procurement) or proposed extension, renewal or variation of an existing engagement and will submit this to the relevant portfolio Department Secretary for approval. 2. Reasons for the Department Secretary’s decision must be provided. 3. Approval can only be provided by the relevant portfolio Department Secretary, unless an approved written delegation is in place as specified below. 4. Any delegation of authority to approve new engagements (under any in-flight procurement) or extension, renewal or variation of any existing engagements with KPMG can be provided to an agency head or Chief Executive Officer and must be approved in writing by the relevant portfolio Department Secretary. 5. Reporting as set out below must be submitted to the Procurement Board. 6. All other NSW Government procurement laws, policies and guidelines must be followed. Reporting Government agencies (via their portfolio procurement function) are required to report details of any new engagements with KPMG (under any in-flight procurement) or extension, renewal or variation of existing engagements with KPMG, including information relating to items 1, 2, 3 and 4 under the “Department Secretary approval process” above, to the Procurement Board as soon as practicable in writing via [email protected]. Note: Agencies are required under the State Records Act 1998 to create, manage and protect records including records of all engagements with professional services firms, including KPMG. This Direction takes effect from 17 June 2026 until withdrawn. |