Market-Led Proposals guidelines will encourage innovative, job-creating projects for Victoria

VECCI Chief Executive Mark Stone said VECCI welcomes the release of the Guidelines for Market-Led Proposals that will encourage the private sector to work with the Government to deliver innovative, job-creating projects. 

"The guidelines provide a transparent and robust process where private parties can directly approach Government with new ideas on infrastructure projects and services," Mr Stone said.

"The process provides a pathway for Government to either enter into exclusive negotiations with the proponent or take the project to market through an open tender process, while protecting the intellectual property of the proponent.

"The guidelines place a significant emphasis on uniqueness and will allow the Government to harness the expertise and ideas of the private sector to deliver projects that may not otherwise be available in the marketplace.

"The ability of proponents to meet with Department of Treasury and Finance officials prior to submitting a proposal is a welcome feature of the model. It will encourage early and constructive dialogue between the private and public sectors, and help reduce the cost of developing proposals."

The Victorian Employers' Chamber of Commerce and Industry (VECCI) is the most influential business body in Victoria, informing and servicing more than 15,000 members, customers and clients around the state.

vecci.org.au

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