Common use of Local Preference Clause in Contracts

Local Preference. Council will make a decision to dispose of assets to a business/organisation/person within the region offering a lower price margin, using the following guideline for acceptable price variances • 10% for assets under $50,000 • 5% for assets over $50,000 up to $200,000 Local preference is not solely a price benefit, it is an assessable measurement that can be utilised in recognition of the physical presence of the business/organisation/person within the Council area, as well as demonstrated and/or actual accompanying social and economic benefits that this provides to council. A local business, organisation or person is one that: • Is owned and operated by persons who are residents of the council area and pay rates; • Is a registered business or individual that has a principle place of business within the council area; • Has a place of business within the council area which solely or primarily employs persons who are residents or ratepayers of the council area; • Is an organisation within the council area; • Is a resident or ratepayer within the council area.

Local Preference. Council will make a decision to dispose of assets to a business/organisation/person within the region offering a lower price margin, using the following guideline for acceptable price variances • 10% for assets under $50,000 • 5% for assets over $50,000 up to $200,000 Local preference is not solely a price benefit, it is an assessable measurement that can be utilised in recognition of the physical presence of the business/organisation/person within the Council area, as well as demonstrated and/or actual accompanying social and economic benefits that this provides to council. A local business, organisation or person is one that: • Is owned and operated by persons who are residents of the council area and pay rates; • Is a registered business or individual that has a principle place of business within the council area; • Has a place of business within the council area which solely or primarily employs persons who are residents or ratepayers of the council area; • Is an organisation within the council area; • Is a resident or ratepayer within the council area.area.‌