Title: Victorian Industry Participation Policy
Language: English
Type: Document
Nature: Laws and Regulations
Published: January 1, 2024
Region: East Asia and Pacific (EAP)
Country: Australia
Topic: Procurement
Keywords: Procurement Processes and Bidding Documents **, PPPs by Sector *, Australia, SMEs, Local content
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Document Summary:
Victorian Industry Participation Policy
Document Details:
The Victorian Industry Participation Policy (VIPP) was passed as an effort of the Victorian Government to create a flow of work opportunities for the local industries (small and medium enterprises) by giving them the right legal framework to participate in public procurement in an even field. “VIPP requires government departments and agencies to consider competitive local suppliers, including SMEs, when awarding contracts valued at: $1 million or more in regional Victoria, or $3 million or more in metropolitan Melbourne or for state-wide activities.”
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