The NSW government will outsource the management of its 830-property office portfolio to the private sector.
Finance and Services Minister Andrew Constance is calling for expressions of interest from the private sector to manage the state's office accommodation.
Currently there are lease arrangements for 1.4 million square metres of office in the Sydney CBD, metropolitan and regional NSW.
Government agencies own and lease more than 830 properties and the O'Farrell government spends $7 million a year managing the portfolio.
Mr Constance said the property management framework would be restructured and delivered through outsourced contracts.
"Our new approach will improve efficiency and transparency," he said in a statement.
Mr Constance said the government believed the private sector could make a contribution to efficient management of government offices.
"By working with the private sector, we will deliver best industry practice, and we will deliver value for money for the NSW taxpayer," he said.
An evaluation panel will assess expressions of interest and companies will be asked to submit detailed proposals to the state government in 2014.