Q16. Should the PSC be adjusted to reflect the fact that Partnerships Victoria transactions result in a tax payment to DTF?
Yes, the Competitive Neutrality adjustment, reflecting financial advantages and disadvantages of public procurement - not equally available to a bidder under a Partnerships Victoria procurement - is one of the four components of the PSC. The PSC guidance material identifies four types of costs which commonly have an effect on competitive neutrality. These are:
1. land tax;
2. local government rates;
3. stamp duty; and
4. payroll tax.