Building Ontario Businesses Initiative Act (BOBIA)
The Building Ontario Businesses Initiative Act (BOBIA), is effective April 1, 2024, for broader public sector (BPS) organizations. This new provincial regulation will impact procurement requirements for purchases under $121,200 CAD (before taxes). The BOBIA which applies to McMaster University as a BPS organization, requires that preference be given to Ontario businesses as part of the procurement process, defines ‘Ontario Business’ for the purposes of the Act, and describes how preference should be given.
BOBIA does not override the University’s requirement to engage in competitive procurement (ex: receiving competitive quotations or engaging in open competitive procurement where required by SP-01 Policy).
Questions? Email us at macbuyhelp@mcmaster.ca.