The Premier's Innovation Initiative (the Initiative), announced in August 2014, expands the Government's commitment to attract and implement innovative methods from the non-Government sector to improve public service offerings. The Initiative periodically invites non-Government parties to submit proposals in defined priority service areas, which provides the opportunity to explore and trial new models to achieve better or more cost effective outcomes for Government goals. It also recognises the role that the business and wider community of NSW can play to ensure that NSW continues to meet its 2021 goals of rebuilding the economy, returning quality services and renovating infrastructure.
The Guide to the Premier's Innovation Initiative details the assessment process, framework and criteria to form the basis for private sector proposals. Government will assess proposals for objectives such as value for money and service improvements through a cross-agency working group. Proposals will be self-funding unless otherwise agreed by Cabinet sub-committees and the final agreement will be approved by the relevant portfolio Minister.