The Aboriginal Procurement Policy (APP) has been updated and a second version approved which will commence on 1 July 2021. It contains updated targets for government agencies to award progressively more contracts to Aboriginal businesses over the next three financial years.
The targets are set at:
3 per cent for 2021-22
3.5 per cent for 2022-23
4 per cent for 2023-2024.
The APP successfully increased Aboriginal business contracting with government during its first term and we will see more opportunities for the Aboriginal business sector over the next three years.
Look out for the next Performance Report due for release later this year. It will summarise the APP’s impact over its first three years. In the interim, see the first year (2018-2019) and second year (2019-2020) Performance Reports for contracting information.