The Department of Finance has updated their guidance to make sure officials consider the benefits to the Australian economy when making significant procurements. We have developed guidance that builds on this for the ICT sector.
The ICT sector includes different types of communications networks and technologies that offer information and services electronically. It’s Australia’s seventh-largest employer, with 1 in 16 Australians working in the industry.
This new guidance supports value for money decision-making in line with the Commonwealth Procurement Rules (CPRs). The CPRs advise officials to consider the benefit to the domestic economy for procurements over $1 million or $7.5 million for construction services.
Our guidance will help procurement officers consider the broader economic benefits in the ICT sector. This might include:
- better use of Australian resources
- effective use of spare industrial capacity
- support for long term growth through innovative ICT procurement