Regional Investment Corporation (RIC)
agencyOverview.agencyRank
#84 of 142
-86.3%
agencyOverview.agencySpend
agencyOverview.agencySpendYoY
$10.0M
agencyOverview.totalContractValue
2019 - 2025
19.5%
agencyOverview.labourHireContracts
2
agencyOverview.activeContracts
agencyOverview.activeContractsTotal
17
agencyOverview.uniqueSuppliers
agencyProfile.about.titleWithPortfolio
RIC (Regional Investment Corporation) is an Australian Government provider of low-interest loans for farm businesses and farm-related small businesses. RIC’s purpose is to support the growth, resilience and sustainability of Australia’s agricultural economy. The RIC Board is the Accountable Authority, overseeing RIC’s strategies and ensuring the RIC’s proper, efficient and effective performance of its functions.
agencyProfile.about.bodyType
Corporate Commonwealth entity
agencyProfile.about.established
8 March 2018
agencyProfile.about.headOffice
ORANGE, NSW
agencyProfile.about.website
www.ric.gov.auagencyIntelligence.spendingByCategoryTitle
agencyIntelligence.spendingByCategoryDescription
Software as a Service (SaaS - Cloud)
agencyIntelligence.spendingByCategoryContractsCount
30.0%
$2,977,674
Temporary personnel services
agencyIntelligence.spendingByCategoryContractsCount
18.5%
$1,831,790
Business administration services
agencyIntelligence.spendingByCategoryContractsCount
17.5%
$1,735,910
Information technology consultation services
agencyIntelligence.spendingByCategoryContractsCount
14.9%
$1,479,232
Management support services
agencyIntelligence.spendingByCategoryContractsCount
10.8%
$1,073,105
agencyIntelligence.spendingByCategoryAdditionalCategories
agencyIntelligence.spendingByCategoryContractsCount
8.3%
$822,260
agencyIntelligence.spendingTrendsTitle
agencyIntelligence.spendingTrendsDescription
Labour Hire
Outcomes
Trend
chartCommon.partialQuarterNote
Relationship Health
Supplier partnerships, strength indicators, and retention risk analysis
Growing Relationship
Value$163,350
Share1.6%
Contracts1
Duration0m
Last contractQ1 FY25/26
Lapsed Relationships
16 suppliersHistorical Value$9,879,029
Top 3:
Project Management PartnersQ4 FY21/22
Technology ONEQ1 FY21/22
Equifax Australia Information Services And SolutionsQ2 FY20/21