Do Small and Medium Enterprises (SMEs) stand a fair chance of winning government contracts?

Government procurement is conducted according to the principles of transparency, open & fair competition, and value-for-money. Government agencies are expected to evaluate all bids submitted by eligible suppliers fairly, regardless of the size of the firm.  

For tenders of large value, smaller suppliers may participate as joint collaborations or consortia to compete for these projects.

SMEs stand a fair chance at being awarded Government tenders, which are those with larger value procurements above $70,000. 

In 2011:

• About 20% of the total number of Government tenders were awarded to suppliers with Net Tangible Assets up to $250,000.

• About 65% of tenders with value up to $100,000 were awarded to companies with Net Tangible Assets of less than $250,000.