Bundaberg Regional Council has increased local expenditure on goods and services to nearly 60 per cent through its buy local policy.
The figure was revealed at today's general meeting as Mayor Jack Dempsey commented on the policy, which Council unanimously adopted in 2018.
“This (policy) provides a local content framework, which enhances the opportunity for local businesses when quoting and/or tendering to supply Council,” he said.
“I’m pleased to report that Council has successfully increased our local expenditure on goods and services to nearly 60 per cent.
“This is a great achievement, but more can be done while retaining value for money.”
Mayor Dempsey suggested the new Council consider lifting the current 10 per cent weighting for “buy local” content to 30 per cent for contracts.
He also proposed introducing a new category of local business for registered charitable organisations and incorporated community organisations.
“The increased weighting to 30 per cent will not affect the outcome of achieving value for money,” Mayor Dempsey said.
“A 30 per cent buy local advantage for contracts will ensure that local suppliers and businesses are successful in gaining more work from Council.
“I see no reason why we can’t lift our total local purchasing to 75 per cent or even higher.
“This change will enhance the local economy by increasing the participation of local suppliers in Bundaberg Regional Council operations.
“Ratepayers will continue to receive value for money through competitive local business and industry.
“By extending the definition of ‘local buy' to not-for-profits we will also encourage increased spending with genuine social enterprises and create pathways to mainstream employment for those who are disadvantaged in our community.”
Mayor Dempsey said Council had also supported local economic activity through the #lovebundy campaign and by employing 42 trainees and apprentices.
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