Understanding best practices, including when and how to approach the market.
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What you need to know
- We’ve developed a best practice approach to procurement, which we recommend you use.
- You must procure from whole-of-government contracts when they’re available, although some exemptions apply.
- One of the most important factors in any procurement is the way you approach the market. Done well, you can encourage innovation and competition and reach better procurement outcomes.
- However, before you even approach the market, you should always make sure you have the authority to procure.
Best practice procurement
Procurement best practice follows three stages: planning, sourcing and managing.
Before you approach the market
Approaching the market is an important step in any procurement, so it’s important you get it right.
Approach the market
There are many ways to approach the market - which one you choose should depend on your circumstances.