New policy for small to medium enterprises and regional businesses

1 February 2019

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. 

 

Issuing entity:
NSW Procurement