Federal agencies have published an increased number of planned ICT procurements for the 2009-10 financial year, showing signs that the public sector still poses ample opportunities for ICT firms despite a sluggish broader market.
Intermedium’s analysis of the 2009-10 planned procurements, detailed in the Annual Procurement Plan’s (APP) issued by each Federal agency, has identified 430 opportunities for ICT firms in the current financial year, a 7% increase on the 401 delivered at the beginning of the 2008-09 period.
All Federal Government agencies are required to publish Annual Procurement Plans to AusTender on 1 July each year to help draw business’s early attention to potential procurement opportunities within each agency. The plans provide potential suppliers with an indication of likely contracts to be issued for the coming financial year in order to give them advance knowledge of supply requirements. It aims to increase industry’s advance knowledge of the agencies requirements and to enhance competition.
The overall increase in planned procurements for 2009-10 comes despite the economic downturn that hit hardest during the 2008-09 period, showing signs that the Federal Government has weathered the crisis and that the public sector still remains an attractive market for ICT firms.
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