$2.8 bil of ICT tenders up for grabs in FY16, says IDA

SINGAPORE (May 23): The Singapore government will be calling for a projected $2.82 billion of ICT tenders in FY16, says the Infocomm Development Authority of Singapore (IDA) on Monday. This is $130 million more than FY15's expenditure of $2.69 billion.

These ICT tenders will comprise mainly infrastructure and ICT security bulk contracts due to some multi-year contracts ending in FY16, as well as contracts relating to agency-specific systems, says IDA, which will soon form the new Government Technology Agency (GovTech) agency. In FY15, SMEs accounted for more than half of the total contracted value of ICT tenders.

One key focus for government procurement this year will be to enhance ICT infrastructure to better support the data and digital services needs of a Digital Government in a Smart Nation.

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