#Business2032: Olympics legacy able to set simplified procurement process standard
The lead up to the Brisbane Olympics has the potential to set the standard for simplified tender processes to support Queensland businesses in benefiting from the games.
Chamber of Commerce and Industry Queensland Senior Policy Advisor Gus Mandigora said businesses needed clear details about how they were able to connect with procurement opportunities.
“Already there is a buzz in the business community about what kind of opportunities the Olympics give small and medium sized enterprises especially through procurement opportunities in construction, tourism, hospitality, retail and transport sectors,” Mr Mandigora said.
“Before businesses can plan, invest in and upscale their assets, infrastructure, research and people, they need to know what kind of projects will be on offer and when.
“Now is the time for the Queensland Government to share their plan for business so they’re able to prepare to effectively compete for procurement opportunities.
"We'd be especially interested to see the plan incentivise sustainable business practices with benefits in the tendering process for business that have already adopted sustainable practices.
"While we wait for the plan for business to emerge, those vying for Olympics procurement opportunities can start planning their pitch by focusing on sustainability early.”
Mr Mandigora said before the games delivery stage started, and before spectators, athletes and their teams descended on the South East, there was work to do to ensure Queensland small to medium sized enterprises were able to reap the legacy of the games.
“We’d like to see the legacy encompass improved tender processes for small and medium sized enterprises, specifically making it easier for small businesses to bid for projects,” he said.
“That legacy is not only an improved small and medium sized enterprise procurement system but opportunities for investment and upscaling in those businesses.”
Mr Mandigora said the Olympic Games announcement had come at the right time for businesses looking to be involved and reinvigorate their enterprises after the impact of COVID-19.
“In the wake of COVID-19 uncertainty, lockdowns and downturns, businesses across the state are motivated to cash in on new opportunities and be a part of developing the next Olympic Games,” he said.
“With businesses and government working together from the start, the impact of those opportunities on the state’s business and consumer confidence levels can be significant, not only for the next 11 years, but beyond the 2032 games.”
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