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New agreement to boost indigenous business opportunities

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The measure will make it easier for Aboriginal firms to do business with government

Aboriginal and Torres Strait Islander businesses are encouraged to look at opportunities to supply to the NSW Government following a new agreement with indigenous business network Supply Nation, which makes it easier for Government departments and agencies to consider an Aboriginal business when procuring goods and services.

Supply Nation runs the largest directory of verified Aboriginal businesses in Australia and works with procurement teams from government and corporate Australia to shape the rapidly evolving Aboriginal business sector.

Supply Nation has a five-step verification process to ensure that all businesses listed on Australia’s largest national directory of Aboriginal and Torres Strait Islander businesses, Indigenous Business Direct, are not only Aboriginal owned but are also regularly audited for changes in company structure and ownership.

The NSW Government spent at least $92 million on goods, services and construction directly with Aboriginal businesses last year, which was a 44 per cent increase on the previous year.

The revised Aboriginal Procurement Policy (APP) came into effect on 1 January 2021 and sets a target to award 3 per cent of goods and services contracts to Aboriginal businesses.

The APP allows NSW Government clusters to directly negotiate with Aboriginal businesses on procurements up to $250,000.

Aboriginal businesses can find opportunities to supply to government by searching www.tenders.nsw.gov.au

 

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