How can Saldare assist you in achieving the mandated Indigenous Procurement Policy outcomes?
The primary purpose of the IPP is to stimulate Indigenous entrepreneurship and to encourage business and economic development. The overarching goal is to provide Indigenous Australians with more opportunities to participate in the economy.
Prior to the implementation of this policy, Indigenous enterprises secured limited business from Commonwealth procurement. This policy is intended to significantly increase the rate of purchasing from Indigenous enterprises.
This comprises two key elements; the “mandatory set aside” (MSA) and the “mandatory minimum requirements” (MMRs).
A Mandatory Set Aside (MSA) provides Indigenous enterprises with the opportunity to demonstrate value for money before a general approach to market. The MSA applies to all procurements to be delivered in remote Australia and for all other procurements wholly delivered in Australia with an estimated value from $80,000 to $200,000 (GST inclusive).
The Mandatory Minimum Requirements (MMRs) mandates reaching minimum Indigenous participation targets in high value contracts. This form of contract is specified as those wholly delivered in Australia, valued at $7.5 million or more in specified industry categories. This includes a mandate that tender evaluations for procurement subject to the MMRs must consider a tenderer’s past performance against MMR targets contained in relevant Commonwealth contracts.
Saldare is an indigenous company registered with Supply Nation and identified on the Digital Marketplace as an indigenous company. We can help you meet the MSA and MMRs, please contact us if you need further information.