IRR introduces a legislative proposal to overhaul the way government spends public money [SOUND]

# The Institute of Race Relations has launched the Value for Money Bill, a new, groundbreaking legislative proposal to overhaul the way government spends public money. The bill replaces the complex points-based preference system with a single, transparent standard. IRR’s Hermann Pretorius says the bill retains limited and transparent tie-break preferences, such as proven delivery, employment intensity, financial soundness, and a short transitional race-based tie-break, for cases where bids are equal on value: