Tender Details
WCQ646 | Risk Advisory Services
Business Name
WorkCover Queensland
VP Reference #
VP494025
Buyers Reference #
WCQ646
Opens
Tuesday 13 January 2026 (E. Australia Standard Time)
Closes
Monday 02 February 2026 02:00 PM (E. Australia Standard Time) CLOSED
Supplier query cut-off
Thursday 29 January 2026 02:00 PM (E. Australia Standard Time)
Expected decision
Monday 02 March 2026 (E. Australia Standard Time)
Buyer Details
Business Name
WorkCover Queensland
Location
280 Adelaide St
Brisbane City, Queensland 4000
Australia
WebSite:
https://www.worksafe.qld.gov.au/
Business Info
WorkCover Queensland
Contact Details
The buyer has elected to have their personal and contact details hidden. These details will be revealed at the buyers discretion.
What the buyer is requesting
Details
WorkCover is embarking on a comprehensive 2030 Strategy to enhance its processes, practices, and systems, guided by its vision to be the leading workers’ compensation insurer and to make a meaningful difference in people’s lives. As part of this strategy, WorkCover has identified an opportunity to strengthen risk maturity - an important step in realising its vision and ensuring the success of the 2030 Strategy.

To achieve this uplift there are two (2) key projects:

The Risk Frameworks Project (Project) will uplift enterprise risk capability by delivering key strategic enablers. This is a pre-requisite to a broader strategic initiative under the Risk Maturity Uplift Project.

The Risk Maturity Uplift Project will focus on developing and implementing enhanced risk procedures and improving the existing Governance, Risk and Compliance (GRC) system. This project is still to be scoped and planned and does not form part of the scope of this engagement.

The Risk Frameworks Project will advance a core organisational priority by establishing comprehensive risk frameworks and standards. This will include those for operational risk, to clarify responsibilities and promote consistent, transparent decision-making across the enterprise.

The scope of deliverables within the initial engagement includes design activities and implementation planning for deliverables within scope.

Design activities include:

Design and develop framework, standard and governance.

Consultation and feedback from key stakeholders.

Endorsement through relevant governance.

Implementation of deliverables is out of scope for this initial engagement and will form part of the abovementioned Risk Maturity Uplift Project. Note that it has been included as an optional item.


Key outcomes include:

Fit for purpose risk architecture that provides a structured and consistent framework for how risk information, processes, systems and governance interact across the enterprise, with consideration to the existing and board approved material risks.

Well defined accountabilities for risk management to enable teams to take ownership of risks. Including clear articulation of roles and responsibilities, accountabilities and decision rights and escalation pathways.

An agreed operating model design.

Consistent and practical risk frameworks and supporting standards to ensure a consistent and transparent approach to identifying, managing and reporting risks, incidents, controls and issues throughout the organisation.
Background information / Compatibility requirements
Details
As in the tender documentation.
Desired Outcomes ('Nice to haves', Conditions & Warranties, SLA's, Project benefits)
Details
As in the tender documentation.
Supplier lists selected
Lists
  • Management Advisory Services
Categories selected
Categories
  • IT & Telecomms
    1: Services - Risk Management
    2: Software - SaaS
  • Management Advisory Services
    1: Risk Management
Regions of Service
Locations
  • Queensland
    1: Brisbane

All Regions of Service locations are within Australia.
Information requested by others
15/Jan/2026 09:14 AM
Question:
Can you please confirm if we'll have the opportunity to ask questions during the briefing session on 21 January 2026?

Answered on 15/Jan/2026 11:24 AM:


Questions will not be accepted during the briefing. We request all questions are submitted through VendorPanel/UniMarket for consistency and record-keeping purposes.
Updates made to this Request
19/Jan/2026 04:45 PM
WCQ646 | Risk Advisory Services Industry Briefing Link

21/Jan/2026 10:04 AM
Please note: The following attachment has been recently added.

1. Added: WorkCover QLD - Vendor Briefing Presentation - Risk Advisory Services.pdf

Please consider this attachment when responding.

30/Jan/2026 10:14 AM
Please note: The following addendum has been recently added.

1. Added: (Addendum) WCQ646 Risk Advisory ITO Addendum 1.pdf

Please consider this addendum when responding.

30/Jan/2026 04:40 PM
Please note: The following addendum has been recently added.

1. Added: (Addendum) WCQ646 Risk Advisory ITO Addendum 2.pdf

Please consider this addendum when responding.