by unionsadmin / in ,

Build it here: The economic cost of offshoring major transport projects in New South Wales

Public procurement is a major driver of economic activity, constituting 15% of GPD – higher than the OECD average of 11%. Through competitive tender processes, governments in Australia have awarded 13% of all public procurement expenditure to international bidders. In awarding tenders for major projects, governments must balance public expectations with the need to ensure that major expenditure commitments represent value for money.