From 1 July 2016 NSW Government departments and agencies will be required to comply with new Procurement Arrangements. The Procurement Arrangements provide a framework for NSW Government to achieve value for money from their procurement of goods and services whilst being fair, ethical and transparent.The Procurement Arrangements are mandatory for all government departments and agencies excluding local government councils, State owned corporations, subsidiaries of the NSW Government established under the Corporations Act and Universities. The Arrangements provide guidance relating to monetary limit thresholds for various procurement methodologies.In brief:
Low risk procurements over $1 million: an unaccredited agency may conduct a procurement of goods and services valued over $1 million, which are not available on whole of government arrangements and which are assessed by the agency head (or delegate) as being low risk, subject to conducting a competitive procurement process endorsed by an accredited agency within the cluster, NSW Procurement or an independent person appointed by the agency head.
High risk procurements over $1 million: an unaccredited agency may conduct a procurement of goods and services valued over $1 million, which are not available on whole of government arrangements and which are assessed by the agency head (or delegate) as being high risk, subject to submitting full details of the proposed competitive procurement process to NSW Procurement for approval.
See https://www.procurepoint.nsw.gov.au for more.
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