New policy for small to medium enterprises and regional businesses

  • Announcement
Updated: 1 Feb 2019
Type
Announcement
Category
Policies and Procurement Board Directions
The SME and Regional Procurement Policy aims to make it easier for SMEs to supply to government.

The NSW Government has announced a new SME and Regional Procurement Policy which replaces the SME Policy Framework.

The policy applies to all new government goods and services procurement activity, excluding construction, from 1 February 2019. Extensions to contract arrangements in place before this new policy are exempt.

Initiatives under the SME and Regional Procurement Policy include:

  • Giving SMEs a voice through a new feedback tool
  • Making it easier to buy from small businesses for values up to $50,000
  • Making it easier to buy from SMEs for values up to $250,000
  • Making it easier to engage SMEs to do proof-of-concept testing or outcome-based trials valued up to $1,000,000
  • Considering SME participation in all procurements valued above $3 million through a new evaluation criteria.

For more information please contact the NSW Procurement Service Centre on nswbuy@treasury.nsw.gov.au or 1800 679 289

Type
Announcement
Category
Policies and Procurement Board Directions