Government Ditches Lowest Price Contract Model

As of 1 October this year, the Government has ditched its ‘‘lowest price’’ procurement model for construction contracts. The new guidelines –mandatory for 130 government agencies – set out a broader set of considerations for multi-million dollar government contracts which consider the financial health of the construction company, the health and safety of workers and the environmental health of the building. We think this approach will drive far better outcomes for everyone – the Government, industry and the taxpayer.

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