Market-led Proposals Guideline
The Market-led Proposals Guideline (guideline) defines a market-led proposal as one made by the private sector to government to build infrastructure and/or provide services. It originates within the private sector and involves proponents developing a project or service specification and then approaching Government for approval and support of the proposal.
While market-led proposals are covered under this guideline and are therefore separate from other government procurement practices, there are many complementary principles from the Government’s Investment Lifecycle and High Value High Risk (HVHR) Guidelines and procurement practices that are relevant to these proposals.
The guideline was released in February 2015 and has had several subsequent updates with the most recent update published in December 2024.
2024 updates
The December 2024 update to the guideline maximises the benefits of the process for the Victorian Government and industry. This is achieved by introducing an alternative assessment pathway for major housing and strategic developments. The new strategic development pathway is intended for proposals that have justification for exclusive negotiations and require facilitation and/or cross-portfolio collaboration and decision-making.
The strategic development pathway enables the Government to enter a time-limited, collaborative proposal development phase with a proponent. This allows exploration of both public and private sector requirements while maintaining alignment with the guideline's objectives.
Other ways to work with government
Market-led proposals are one of a range of options for proponents to interact with the Government and are not intended to replace existing budget processes or planned competitive processes.
There are also funds available to further promote business development and investment in Victoria. Further details can be found at:
- Business Victoria: Grants and programs
- Victorian Government: Grants
- Launchvic: Funding
- Invest Victoria: Incentives, grants and programs
- Breakthrough Victoria Fund
- Regional Jobs and Infrastructure Fund
Contact
To request a pre-submission meeting, submit a proposal or make enquiries regarding the market-led proposals process, please contact:
Market-led Proposals Secretariat
Infrastructure Division
Department of Treasury and Finance
Level 5 / 1 Treasury Place
Melbourne VIC 3002
Email: marketledproposals@dtf.vic.gov.au
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