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SMEs comprise 88 per cent of NSW ICT Services Scheme suppliers

by Euan Brown •
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Requiring NSW agencies to consider quotes from at least one SME when procuring contracts up to $1 million has contributed to high rates of SME participation in the NSW ICT Services Scheme, according to NSW Minister for Finance and Services, Dominic Perrottet. 

1089 SMEs (or 88 per cent of all suppliers) had registered with the Scheme as of 7 November, he stated .

The NSW Government defines SMEs as firms consisting of up to 200 full-time equivalent employees.

“We’ve made some significant reforms to procurement over the last few years which have created more opportunities for SMEs to procure services and to work with government,” Perrottet said.

The Scheme prequalifies suppliers to provide a range of ICT solutions to NSW Government agencies. New suppliers can register for the Scheme at any time, reducing the time and costs involved in supplying to government.

In 2012-13, over $122 million was contracted through the Scheme. Given it commenced in March 2013, the potential value for an entire year could be at least four times this amount.

“Increased competition, greater innovation and more resilient and diverse supply chains will result from greater engagement with small and medium businesses,” said Perrottet. 

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