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Information for completing university tenders and contracts

Workplace support Finance and Procurement Services Information for completing university tenders and contracts

This page contains the most commonly requested information used in responding to tenders on behalf of the University.

 

University legal name

The Statutes Amendment (Universities) Bill 2016 was debated and passed by the Legislative Council on the 28 September 2017  to change our name from "The Flinders University of South Australia" to "Flinders University".

The University was established in1966.

Other registered business names - (these are part of the University and are not separate legal entities).

Business name Area College
Flinders Vision  Optometry Nursing and Health Sciences
Southgate Solutions Flinders Prevention, Promotion and Primary Health Care Medicine and Public Health
Flinders University Hearing Services Audiology Nursing and Health Sciences
Flinders University Psychology Clinic Psychology Education, Psychology and Social Work
Centre for Remote Health Medicine Medicine and Public Health
South Australian Academy of the Arts Arts Humanities, Arts and Social Sciences
South Australian Academy of Creative Arts Arts Humanities, Arts and Social Sciences
University corporate status

Flinders University is a body corporate established by the Flinders University Act 1966.

Under the Commonwealth Government's ABN website the University is listed as an "Other Incorporated Entity".  This is defined as "Other incorporated entity includes an entity that has the same characteristics as a company but is not incorporated as a corporation's law company".

Flinders University of South Australia Act is analogous to a company constitution.  As the University is not a company it does not have an Annual General Meeting (AGM). 

The University has no shareholders and pays no dividends.  Surpluses achieved are fully reinvested into the University.

The University's Australian Business Number (ABN) is 65 542 596 200.

Note:
The University is not a company, partnership, association or trust.  As it is not a company, it is not registered with ASIC.  It does not have Pty or Ltd after its name as it is not a company.  However the University has full corporate powers.

Taxation status

The University is a not-for-profit entity.  It is an income tax exempt charity (ITEC) and a deductible gift recipient (DGR).  This means that donations of $2 or more are tax deductible to the donor.

  • Flinders University was registered with the Australian Charities and Not-for-Profits Commission on 3 December 2012.
  • The University is not a Public Benevolent Institute (PBI).
  • Flinders University is registered for Australian GST.
  • Flinders University is obliged to charge Australian Goods and Services Tax (GST) where applicable at the rate of 10%.

Below are copies of the University's ABN registration and charity tax concessions registered certificates, however this does not prove that Flinders University has the tax status as of now. The official government statement is provided on the ABR site.

ABN Registration Certificate

Charity tax concessions certificate

Key financial data
  2018 2017 2016 2015  2014 2013 2012
$m $m $m $m $m $m $m
Revenue 506.5 483.0 476.6 456.0 435.1 431.8 394.4
Expenses (485.4) (458.3) (449.2) (439.5) (419.2) (396.8) (362.9)
Surplus 21.1 24.8 27.4 16.5 15.9 35.0 31.5
Cash & investments 177.7 171.3 129.6 106.9 128.3 230.5 225.6
Property, plant and equipment 641.6 622.4 618.6 603.2 556.8 444.2 397.9
Total assets 919.2 881.5  841.1  808.0 784.2  764.8  713.1
Liabilities (162.5) (156.3) (144.8) (149.5) (145.7) (132.0) (125.9)
Net assets 756.7 725.2 696.2 658.5 638.5 632.8 587.2
Current ratio 1.3 1.4  1.5  1.25 1.8 3.6  4.01
Annual reports and financial statements

The current annual reports, including annual financial statements are available on the Flinders website.

Previous years annual reports are available on the Flinders website.

Financial reporting

The University works on a calendar financial year (1/1 to 31/12).  The annual financial statements for the previous year are not approved until Council meets in May the following year and after which the statements are reviewed and signed off by the Auditor General.  The University is required to have annual financial statements completed by 30 June.

The annual financial statements are audited by the South Australian Auditor-General Department, 9th Floor, State Administration Centre, 200 Victoria Square, Adelaide, South Australia.

The University's internal audit is outsourced to KPMG.

Corporate structure

The University is the parent entity. 

View the Flinders University Corporate Structure.

The 2016 financial statements Note 35 subsidiaries and Note 36 jointly controlled operations and assets, provides the nature of business for each entity.

Insurance

The University has a comprehensive insurance program.  As part of the tender process, you may be asked about public liability and professional indemnity insurance, and the University’s cover is up to $20,000,000 for both policies, subject to terms and conditions, limitations and exclusions on the various policies.

If you require the certificates of currency for these policies, or others, in order to submit your tender, you may obtain them from your College’s Contract Officer or submit a Service One request.

The University’s insurance program is renewed yearly and the certificates of currency are updated accordingly on 31 October.

Further information about insurance

Workers compensation

In South Australia the University is a self insured employer under ReturnToWork(SA) which means that we cover all our workers compensation costs. ReturnToWork(SA) does not issue a certificate but they carry out regular audits to ensure that the University is meeting the required performance standards to enable continued self insurance.

The University has in place excess of loss insurance cover.

For a copy of the certificate submit a request through Service Now.

Authorised persons

University authorised signatories for contracts are listed in the Delegation of Authority to Enter into Contracts Policy.

Useful information

     ABN lookup

Legal name - Flinders University

ABN - 65 542 596 200

GST status - Registered

Charity status - Endorsed for charity tax concessions

Income Tax Exempt Concession (ITEC) 

Main business location: SA 5042

Have questions?

Contact Finance & Procurement Services.

08 8201 3948

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Sturt Rd, Bedford Park
South Australia 5042

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Last Updated: 10 Dec 2019
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