Maximising procurement outcomes

The State Procurement Policy encourages agencies to maximise the benefits of their procurement based on an understanding of the nature of what they actually buy, and what they plan to buy. It allows agencies to apply different strategies consistent with the objectives of the Policy to different categories of goods and services. This means that agencies can seek out and capitalise on various opportunities to meet the objectives of the Policy.

Taking advantage of these opportunities requires agencies to:

• apply a ‘value for money’ definition which includes the contribution of the procurement to advancing Government Priorities
• plan procurement to achieve the objectives of the Policy
• understand the nature of their procurement and the key markets from which they buy as a basis for identifying opportunities to advance Government Priorities
• be accountable for the outcomes of their procurement.