Expressions of Interest sought for AER Risk and Audit Committee Independent Member and Chair
Tender ID: 606806
Tender Details
Tender Description
The AER is seeking to establish a Risk and Audit Committee (Committee) to provide independent oversight, advice, and assurance to the AER Members as the Accountable Authority (known as the AER Board) and senior management to assist the AER to meet their duties and obligations under the Public Governance, Performance and Accountability Act 2013 and the Public Governance, Performance and Accountability Rule 2014 (PGPA Rule). The Committee will also support the development of key practice and capacity as the AER evolves its governance as a stand-alone agency
The AER are looking to engage two (2) members through this approach to market, a Committee Chair and a Committee Member, with a third Committee Member appointed from another Commonwealth agency.
Scope of role and responsibilities
The PGPA Rule requires that an accountable authority of a Commonwealth entity determine by written charter, the functions of the audit committee established for the entity.
The Risk and Audit Committee – Charter of operation (the Charter), outlines:
- The role of the Committee
- Authority
- Role of the Chair and Member obligations
- Functions
- Financial reporting
- Performance reporting
- Systems of risk oversight and management
- System of internal control
- Accountability and reporting
- Conflicts of interest
- Meeting arrangements
- Committee performance
Candidates should also review the Request for quotation and RAC skills matrix before submitting an application.
How to apply
Applications can be emailed to strategyandperformance@aer.gov.au and must be received by 23 March 2026.
In submitting an expression of interest, applicants are requested to provide:
- CV / resume (maximum 4 pages in length)
- Statement addressing the evaluation criteria above (maximum 4 pages in length)
- Fee proposal, for the role of chair and / or committee member, including:
- daily fee rate
- method for calculating proposed fees for a meeting, which includes the meeting day and time on non-meeting days (pre and post meeting work)
- an annual fee rate that covers 5 meetings (minimum meetings identified in the Charter), plus two (2) additional meetings
- Conflict of interest declaration
- Confirm insurance status (certificates of currency not required unless entering into a contract)
- Referees (2)
Location
New South Wales : Central West : Far North Coast : Far West : Hunter : Illawarra : Mid North Coast : Murray : New England : Orana : Riverina : Southern Highlands : Sydney
Queensland : Cairns & Far North Queensland : Gladstone : Mackay Whitsunday Region : Mount Isa & North West Region : Rockhampton : South East Queensland : South West & Darling Downs : The Central West : Townsville : Wide Bay Burnett
Victoria : Barwon South West : Gippsland : Grampians : Hume : Loddon Mallee : Melbourne
South Australia : Adelaide : Eyre & Western : Far North : Fleurieu & Kangaroo Island : Limestone Coast : Murray & Mallee : York & Mid North
Northern Territory : Barkly : Big Rivers : Central Australia : East Arnhem : Greater Darwin : Top End
Australian Capital Territory
Tasmania
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