BUSINESS

​​​​​​​Cutting Red Tape: Better Value for Territory Businesses

Territory companies can now take advantage of a clearer and more streamlined tender assessment process, which will boost opportunities for Territory businesses to tender for government contracts.

The new Value for Territory Assessment Framework will help strengthen the Buy Local Plan, deliver greater consistency and transparency during assessment, and ensure tender assessment questions are relevant to the scope of goods and services being sought.

Industry can expect to see the first tenders being released incorporating the changes in the coming weeks and by October 2021 all quotes and tenders will incorporate the new requirements.

The framework includes a number of changes to the way tender assessments are planned and responses are assessed. Changes include:

  • Disclosure of a more detailed breakdown of local content sub-weightings;
  • Information relating to the importance of each assessment criteria, so tenderers can understand what is important to focus on in their response;
  • A common set of easy to understand questions with clear response requirements; and
  • Increased objectivity in tender assessments.

The Value for Territory Assessment Framework has been developed through extensive consultation with industry and the Buy Local Industry Advocate.

A guide for industry has been developed to explain how the Territory Government defines and assesses Value for Territory in tenders and is available at https://nt.gov.au/industry/procurement/how-to-tender/tendering-with-government

Source: NT Government

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