WA Offers Construction Contractors up to $750,000 Towards Their Project Proposals
By Jaimie Anzelone
With the aim of incentivizing contractors to invest their time and future in Western Australia and to create local jobs, the WA government has streamlined procurement practices and is offering up to $750,000 towards proposal costs.
Announcing the funding, Finance Minister Sue Ellery explained that high-quality proposals on major projects require considerable investment from builders. Targeted at projects with construction works valued over $100 million, eligible contractors are able to apply for a financial contribution up to $750,000 towards their proposal costs.
“We understand that high-quality proposals on major projects require considerable investment from bidders. The intent of this policy is to partially offset expenses borne by proponents to ensure the proposals are developed at a high level, further supporting industry and reducing risk to the State.”
AutogenAI, the world’s leading AI-powered proposal writing software, levels the playing field for SMEs to have better access to bidding for, and winning, public sector contracts.
Emma Crichton, AutogenAI APAC CEO, said
“Construction companies can harness the power of generative AI technology to create high-quality content for proposals. AutogenAI can extract critical information from large documents in minutes, reducing the time it takes to identify and isolate proposal requirements. It quickly gathers and analyses relevant information from your knowledge library and the internet and reduce your reliance on subject matter experts, creating compelling, and accurate content for the proposal writing team, in minutes rather than days.”
Administered by the WA Department of Finance, this proposal-funding initiative is relevant to critical projects including hospitals, correctional facilities and cultural buildings, as well as strategic regional projects.
Master Builders Association WA CEO Matthew Pollock commented, “Offsetting proposal costs for large or complex projects will encourage more contractors to proposal. Greater competition will mean better proposals and better value for money for taxpayers. There is a record pipeline of major projects to deliver in WA. This initiative is about industry and Government working collaboratively to ensure we deliver the major project pipeline in the most effective way possible.”
To learn more about AutogenAI, contact us today.
