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A government scheme to promote best sourcing was launched in July. A total of $5 million has been set aside for the Best Sourcing Early Adopter Scheme.
What it is:
Defrays cost of organisations and companies in both public and private sectors that adopt best sourcing.
How much:
5 per cent of value of the new contract or $75,000, whichever is lower.
Eligibility:
- Contract must be based on performance standards.
- It must have a mechanism to monitor performance standards.
- Bids must be assessed on price and quality.
- Contractor must raise workers' productivity and improve quality of service.
- Contractors must provide certified trained workers as well as a remuneration package to reward workers with higher productivity and skills.
How to apply:
The Employment and Employability Institute (e2i) administers the scheme. For inquiries, call 6474-0606.
This article was first published in The Straits Times.
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