Financial Information
Discretionary grants
Discretionary grants are payments that give the Minister (or the paying agency) the discretion to determine whether or not a particular applicant receives funding, and the conditions that apply in return for the grant.
ASADA did not administer any discretionary grants in 2007–08.
Asset management
Asset management is not a significant aspect of the strategic business of ASADA. The non-financial assets are mainly the computer hardware and software needed to deliver our outputs, and the fit out for the new building. Our asset replacement strategy ensures that adequate budget and planning is
in place for replacing assets as they come to the end of their useful lives.
The Finance Minister’s Orders for reporting periods ending on or after 1 July 2008 requires us to value non-financial assets (excluding intangible assets) on a fair value basis. In addition, section 33 requires that these assets be subject to a formal valuation at least once every five years.
Purchasing
We seek to achieve value for money in all our procurement processes and ensure they are consistent with the requirements of the Commonwealth Procurement Guidelines (issued by the Department of Finance and Deregulation and amended from time to time).
In undertaking procurements ASADA complies with the Commonwealth Procurement Guidelines.
ASADA has a purchaser provider arrangement with the government’s Australian Sports Drug Testing Laboratory (ASDTL), which is part of the National Measurement Institute. ASDTL is the only laboratory in Australia with WADA accreditation to conduct sample analysis for doping control in sport. ASDTL provides analytical and scientific services to ASADA for its Output 1.2 Detection Program.
