NSW introduces rules to prioritise spend with SMEs

11 February 2019

The government in New South Wales (NSW) has introduced new rules to boost SME participation in public procurement.

Under a policy that came into force on 1 February, contracts valued at more than $3m are subject to new SME and sustainability criteria and agencies must include a non-price evaluation criteria of 15%, which considers how potential suppliers will support the government’s economic, ethical, environmental and social priorities.

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