The processes outlined in these Guidelines endeavour to minimise the bid costs for the private sector.
For NSW Government construction projects, the NSW Government will consider making a contribution towards bid costs for eligible unsuccessful tenderers, where:
• the provision of a bid cost contribution will provide value for money
• the relevant tenderer has submitted an appropriately developed bid but has not been awarded the relevant contract; and
• the tenderer agrees that the intellectual property, as reasonably required by the Responsible Agency, will be vested with NSW Government.
For each project where the Responsible Agency is proposing to contribute to bid costs, the Responsible Agency must first consult and obtain confirmation from NSW Treasury. NSW Treasury administers the Bid Cost Contributions Policy5.
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