Procurement objectives

5 procurement objectives must guide all your procurement decisions.
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What you need to know
  1. NSW Government agencies spent more than $30 billion on goods, services and construction each year. Our duty is to make sure this money is spent fairly and efficiently, and for the long-term benefit of everyone in NSW.
  2. The government has 5 procurement objectives which you must consider every time you procure.
  3. These objectives aim to deliver better and more cost-effective services to the people of NSW.
  4. They also aim to make our state economy more collaborative, fair and sustainable.

Importance of government procurement to the NSW economy

In 2018-19, NSW Government agencies spent around $34 billion on goods, services and construction. That means over the past 5 years, our spend has increased an average of $2.7 billion a year.

On top of this, the NSW Government has committed $87.2 billion over the next 4 years towards building critical infrastructure.

Our duty is to make sure this money is spent fairly and efficiently, and for the long-term benefit of everyone in NSW.

We believe government spending can help build a vibrant and sustainable NSW economy, promote innovation, deliver jobs where they are most needed and encourage economic participation.

Consistent with this, there are 5 key objectives which must guide every procurement decision you make.