MARKET-LED PROPOSALS: VICTORIA IS OPEN FOR BUSINESS

Posted on 20. Feb, 2015 in News

Victoria will be open for business – and open to the private sector’s innovative ideas to create more jobs – under Guidelines for Market-Led Proposals released by the Andrews Labor Government.

Under the previous Government, there was no transparent process for the State to consider unique, job-creating ideas proposed by the market, and no appropriate way to get them off the ground.

New Guidelines are a way for the Government and the private sector to work together and deliver the projects our state needs, giving certainty of process to parties approaching the Government with new ideas.

Proposals will be subject to a five-stage assessment process and must clearly demonstrate benefits to the community, align with Victoria’s priorities and offer value-for-money for Victorian taxpayers.

Victorians can be confident that Market-Led Proposals will be subjected to the rigours of competition before progressing, as the Guidelines include options for proposals to be tested in the market.

The Government will uphold the highest levels of integrity, probity and transparency in assessing all Market-Led Proposals. The Guidelines are available at www.dtf.vic.gov.au

Quotes attributable to Premier of Victoria, Daniel Andrews

“Victoria is open for business – and open to your ideas.”

“We’re working with the private sector, using their expertise and ideas to create more jobs.”

Quotes attributable to Treasurer of Victoria, Tim Pallas

“These Guidelines will be the most rigorous in the country.”

“We’re making the process more transparent, protecting the community’s interest and providing certainty to parties who approach the Government with job-creating ideas.”

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