NSW Government to Prioritise Local Procurement

To provide a boost for local economies in the wake of drought, bushfires and the pandemic, the NSW Government has established a new Small and Medium Enterprise and Regional Procurement Policy. This policy requires NSW Government agencies to consider buying goods and services from a small, medium, or rural business for all direct procurements up to $250,000 as part of a plan to boost local businesses.

“This new policy is good news for our region’s businesses and couldn’t come at a better time,” said Member for Northern Tablelands, Adam Marshall. “It will see even more of the government’s considerable annual spending stay in our region and support locals.”

Local businesses will be able to cut red tape and government processes through the ‘small business exemption’. It also allows for purchases of up to $50,000 to be made from small businesses even when there are mandated whole-of-government contracts in place.

Businesses can also access free independent business advice to build their capability to supply goods and services to government, through the NSW Government’s Business Connect program.