Region: East Asia and Pacific (EAP)
Country: Australia
Topic: Procurement
Keywords: Legal Framework *, Legislation and Laws **, Australia, Local content
Document Link(s):
Document Summary:
Victorian Industry Participation Policy Strategic Projects – Forward Plan
Document Details:
This page shows the different pipeline of projects that are identified as strategic projects, according to the VIPP, and serves as an announcement ahead of time for the local industries so that they are able to participate in those projects.
“Strategic Projects under VIPP are major projects that have an estimated total project value of $50 million or more, excluding maintenance and operational costs. Maintenance projects valued at $50 million or more will be classified as Strategic Projects. For each Strategic Project, the government sets a minimum local content requirement that project proponents are required to meet. This ensures that local spending means local jobs.”
For example, for the procurement of the Melbourne Tram project, the minimum local content requirement is: 25% trams and 50% whole of life support.
Related Information:
- Public Procurement Laws and Regulations
- Small and Medium Enterprises and PPPs
- Laws and Regulations on Inclusion of SMEs in PPPs
- Public-Private Partnerships Laws/Concession Laws.
Updated: