Implementing Indigenous Procurement Policy 2015

3% by 2020 Beginning with a short-term goal of 0.5% of services for the coming financial year, Commonwealth portfolios are to develop their Indigenous procurement to a long-term, sustainable rate of 3% by 2020. For many departments, this will mark a significant increase. With active discussion also taking place on a state level regarding future planning for Indigenous procurement strategies, it is an important time for procurement professionals in developing effective future strategies. Procurement officers need to maintain value for money in their contracts whilst sourcing new Indigenous organisations that have the capacity to meet their requirements.