The Aboriginal Procurement Policy has been determined as successful by a Policy Impact Review and will be extended for a further three years.
Since its commencement in July 2018, Western Australian State Government departments and agencies have been required to award contracts to registered Aboriginal businesses, consistent with progressive targets increasing to 3 per cent.
The review found the policy had a positive impact in supporting growth in the Aboriginal business sector by awarding more than 413 contracts worth more than $339 million to Aboriginal businesses.
Since the policy’s introduction, 61 per cent of all Aboriginal business contracts have been awarded to regional Aboriginal businesses across WA.
The targets for the next three years will increase from three per cent in year four, to three and a half per cent in year five, and four per cent by the end of year six.
Read on at Media statement: Successful Aboriginal Procurement Policy to be extended.
Learn more about the policy at the Aboriginal Procurement Policy webpage.