Goods and services procurement legislation

A summary of the laws and policies that cover goods and services procurement in Victoria.

The Financial Management Act 1994 (Vic) is the law that governs goods and services procurement in Victoria.

The law gives the Victorian Government Purchasing Board (VGPB) powers to direct how government organisations buy goods and services.

The law and VGPB policies apply to government organisations. Find out more about who must follow the policies.

The VGPB policies for goods and services procurement

There are 5 policies, covering:

  • governance
  • complexity and capability assessment
  • market analysis and review
  • market approach
  • contract management and disclosure

There are tools and best practice guides to help organisations apply the policies.

The principles that underpin goods and services procurement policies are:

  • value for money
  • accountability
  • probity
  • Scalability

Information on how to become VGPB accredited

To find out about the application process for VGPB accreditation, download the

 or contact the VGPB Secretariat at or call 9651 1699.

Reviewed 30 October 2018

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