Local Jobs First Act 2003

The Local Jobs First Policy is to take into account and be consistent with the following principles relating to procurement, tendering and the provision of financial assistance by the State—

value for money should be the primary consideration in purchasing and supply decisions;

tendering mechanisms and processes should be open, clear and accountable.

In this section—

in relation to procurement of or tendering for goods or services, the supply policy under section 54L of the Financial Management Act 1994 that applies with respect to the procurement or tender; or

in relation to procurement of or tendering for construction activities, the standard or direction under Part 4 of the Project Development and Construction Management Act 1994 that relates to the procurement or tender; or

if there is no meaning given to value for money by a supply policy or standard or direction described in paragraph (a) or (b) (as appropriate), any prescribed definition.