Objectives

2.1 Statement of objectives

The objectives of the State Procurement Policy are to:

• advance Government Priorities
• achieve value for money
• ensure probity and accountability for outcomes.

2.2 Government Priorities*

Each agency must seek to advance Government Priorities. These priorities define the Government’s commitment to advance, through its procurement, certain social, economic and environmental objectives. The priorities of the Government are set out in Schedule A.

Refer also Foundation Concept 1: Advancing Government Priorities.

2.3 Value for money

Each agency must seek to obtain value for money in its procurement. The concept of value for money is not restricted to price alone. The value for money assessment must include consideration of:

• contribution to the advancement of Government Priorities
• non-cost factors such as fitness for purpose, quality, service and support, and sustainability considerations
• cost related factors including whole-of-life costs and transaction costs associated with acquisition, use, holding, maintenance and disposal.

Refer also Foundation Concept 2: Value for money.

2.4 Probity and accountability for outcomes

An agency must conduct its procurement activities in a transparent manner which demonstrates probity and accountability. Each agency is to ensure that its procurement is carried out in accordance with such obligations as may be placed upon it by the:

• Financial Administration and Audit Act 1977
• Financial Management Standard 1997
• Public Sector Ethics Act 1994
• such other legislative or Government policy obligations as may from time to time apply to the procurement activities of the agency.

Refer also Foundation Concept 3: Probity and accountability for outcomes.

*Government Priorities have been replaced by Government ambitions and targets as contained in Toward Q2: Tomorrow’s Queensland

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