Indigenous procurement

Policies that reserve or favour contracts for Indigenous-owned businesses, such as Canada’s Procurement Strategy for Indigenous Business and Australia’s Indigenous Procurement Policy.

Related terms

Set-aside

A US federal tender that only small businesses, or a category of them such as 8(a) or service-disabled veteran-owned firms, may bid on. Set-asides are a major route in for small IT firms.

Community benefits

Commitments in a bid to help the area or community where the work happens, such as hiring locally or training. The term is common in Canada, Scotland and Australia.