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Small business (including Indigenous business) procurement
The Mint supports small business participation in the Australian Government procurement market. Small and Medium Enterprises (SMEs) participation statistics are available on the Department of Finance’s website: www.finance.gov.au/procurement/statistics-on-commonwealth-purchasing-contracts
With a focus on achieving the best value-for-money outcome in each circumstance, the Mint continued to support and encourage engagement with SMEs wherever practicable.
Consistent with Paragraph 5.4 of the Commonwealth Procurement Rules to ensure that SMEs can engage in fair competition for Australian Government business, the Mint applied these procurement practices:
- use of the Commonwealth Contracting Suite for low-risk procurement valued up to $200 000 and some procurements valued up to $1 million where practical
- electronic systems to facilitate on-time payment performance, including the use of payment cards.