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ARTICLE · 23 SEPTEMBER 2020

Small and medium enterprises (SME) and regional procurement policy for NSW

Holding Redlich
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The policy aims to increase participation of SMEs and regional businesses in supplying goods and services to government.

AustraliaGovernment, Public Sector

The policy was updated on 29 June 2020 and aims to increase participation of NSW SMEs and regional businesses in state government procurement of goods and services through a range of initiatives.

The policy objective is to increase SME participation in supplying to government, including:

  • supporting local businesses, start-ups and innovation and primary industries
  • building SME capability to supply to government
  • making supplying to government easy for SMEs
  • listening to local businesses and measuring participation.

By 2021, the NSW Government is aiming to see:

  • more SMEs on prequalification schemes
  • more contracts awarded to SMEs
  • increased spend with SMEs, overall and as a proportion of total government procurement expenditure

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This publication does not deal with every important topic or change in law and is not intended to be relied upon as a substitute for legal or other advice that may be relevant to the reader's specific circumstances. If you have found this publication of interest and would like to know more or wish to obtain legal advice relevant to your circumstances please contact one of the named individuals listed.

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