Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Is the Commonwealths share $6 million, $10 million, or what?

commonwealth share
0
10 Posted

Is the Commonwealths share $6 million, $10 million, or what?

0
10

The Hon. J. P. HANNAFORD: No, it is $6 million nationally. The Victorian Government is considering establishing mechanisms to prevent illegal collusive tendering practices, and is moving towards the recovery of fees already paid by contractors to unsuccessful tenderers. The actions of this Government to recover unsuccessful tender fees have set the pace and standards throughout the country. This means that the Government has already recovered and will continue to recover millions of dollars of taxpayers’ moneys that was wrongfully added to the cost of public projects. By ensuring that this practice ceases, the benefit to the public purse in future years will be enormous. In order to protect public moneys and to obtain full recovery of unsuccessful tender fees it is imperative that we adopt a whole-of-Government approach. This philosophy, in conjunction with the construction policy steering committee and the building industry task force, will ensure success with long-term improvements i

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123