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Part 1: Revenue Measures (continued)

Finance

Property Services Coordinated Procurement

Revenue ($m)
2015‑16 2016‑17 2017‑18 2018‑19 2019‑20
Department of Finance
Various Agencies nfp nfp nfp
Total — Revenue
Department of Finance 3.0

The Government will provide $3.0 million in 2016‑17 for the establishment of mandatory whole‑of‑government coordinated property procurement arrangements for Non‑Corporate Commonwealth Entities.

The coordinated procurement arrangements will cover the leasing of office space, purchasing of property and facilities management, some capital works and utility services. This will support value for money by consolidating Commonwealth purchasing power.

The cost of this measure will be met from the savings generated through the new arrangements.

The savings for this measure are not for publication (nfp) for commercial confidentiality reasons.

Commonwealth Non‑Defence Property Divestment Program — extension

Revenue ($m)
2015‑16 2016‑17 2017‑18 2018‑19 2019‑20
Department of Finance - nfp nfp nfp nfp
Department of Finance - nfp nfp nfp nfp
Department of Finance 1.0 1.1 0.4

The Government will provide $2.6 million over three years from 2016‑17 to implement the extension of the Commonwealth's non‑Defence property divestment program. This proposal is consistent with the Government's objective to rationalise the Commonwealth's non‑Defence property holdings to reflect current and future needs.

The overall positive financial impact of this measure is not for publication (nfp) due to commercial‑in‑confidence considerations.

The savings from this measure will be redirected by the Government to repair the Budget and fund policy priorities.