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Presented by Caleb Johnstone
Getting the best from Government procurement
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Each year the government spends approximately $39 billion with third party suppliers – accounting for approximately 18% of GDP. Effective procurement helps government agencies deliver better public services while realising value for money. How and what the government procures can also have a significant influence on economic growth. Government agencies often provide an important source of demand for business to build scale and experience before they supply to private customers or export markets.