The New South Wales Government has announced its intention to revamp the state’s ICT procurement policy following the release of the long-awaited Commission of Audit.


Despite only a handful of the 132 key recommendations of the report relating to the ICT sector, it found that its expenditure in procurement, which hit $993 last year, significantly outweighs its related revenue.


The Commission argued that the current in-house management of ICT is ‘very dated’ in the face of rapidly changing technology and service availability.


The report found that in excess of $100 million in savings a year could be made through reforming the procurement process in areas of projects and services, computer procurement and telecommunications.


The Commission concluded that moving to a commercial procurement model and developing a ‘more mature environment that offers better services’ could significantly reduce procurement costs.