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The 2024 refresh of the Commonwealth Procurement Rules (CPRs) doesn’t just restate support for small business—it changes how access is designed into procurements. For SMEs, that shows up in three practical places: how work is packaged, what compliance is required, and how evidence is weighed in evaluation.
On packaging, buyers are being nudged away from “one big contract” when that would choke competition. You’re more likely to see lots (by region, service line or scope boundary) or staged approaches when risk is uncertain—an EOI or discovery phase that proves the model before full rollout. That creates lanes where an SME can prime a defined slice or join a team with scored, specific responsibilities, not a generic “capacity” role.
Compliance is moving toward proportionate settings. Insurance limits, accreditations and security obligations are still present, but they’re expected to match the actual risk profile. Where heavier requirements are unavoidable, entities are asked to spell out the risk logic so suppliers can price it and propose alternatives. Combined with clearer payment terms and milestone design, this reduces cash-flow barriers that can quietly knock SMEs out of contests they could otherwise deliver.
Evaluation practice is tightening around whole-of-life value and verifiable proof. Committees are looking for short, auditable artefacts: outcome-based case studies (time, cost, quality, safety), named personnel who will do the work, realistic mobilisation plans, and pricing that makes assumptions visible. Where SME participation is sought, marks follow delivery reality—regional presence, subcontracting structures that hold suppliers to account, and reporting that can be run on cadence post-award.
Panels remain part of the toolkit, but they’re being stewarded rather than treated as defaults. Agencies are expected to keep secondary competition alive at call-off and to refresh membership to avoid closed shops. If you’re on a panel, expect to re-prove value; if you’re not, watch for open approaches when panel coverage is thin or when programs scale.
The net effect is a system where capable SMEs have a clearer path to compete: more right-sized packages, compliance that fits the work, and scorecards that reward concise evidence over volume. It won’t soften competition, but it will make time spent bidding more likely to convert when the capability is there.