Articles tagged with Government Contract
New Zealand Signs Historic Deal with Z Energy for 90 Million Litres of Diesel
2 hours ago | 21 viewsThe New Zealand Government has signed a groundbreaking contract with Z Energy to secure nearly 90 million litres of additional diesel, enhancing the country's fuel resilience by about nine days' supply. The diesel will be stored in refurbished tanks at Marsden Point, with infrastructure upgrades underway to increase fuel storage capacity and strengthen strategic resilience amid global uncertainties. This agreement, the first of its kind, limits the Crown's financial exposure while allowing Z Energy to manage the diesel, with the government maintaining control over its market release.
Tags: New Zealand Z Energy Nicola Willis Shane Jones diesel supply Marsden Point fuel security Channel Infrastructure Middle East conflict government contractNew NZ Government Procurement Rules Boost Kiwi Businesses and Economic Benefits
5 months ago | 531 viewsNew government procurement rules, effective immediately, aim to boost Kiwi businesses by simplifying tender processes and introducing a minimum 10 percent economic benefit weighting in contract evaluations. The Ministry for Business, Innovation and Employment will monitor compliance and impact, ensuring agencies prioritize New Zealand economic benefits such as workforce participation and training. These changes apply to contracts over specified thresholds and comply with international trade obligations by allowing foreign companies to demonstrate economic benefits to New Zealand.
Tags: Nicola Willis government procurement New Zealand economic benefit Kiwi firms Ministry for Business Innovation and Employment government contracts workforce participation trade agreements tender processNew Zealand Boosts Local Businesses with Procurement Rule Changes
7 months ago | 704 viewsChanges to government procurement rules in New Zealand aim to give local businesses a better chance at winning contracts by introducing an economic benefit test, effective from 1 December. These new rules, resulting from feedback received during consultation, include simplifying processes, reducing the number of rules, and emphasizing the economic value and job creation for Kiwis. The changes are designed to make it easier for both local and international businesses to compete for government contracts while upholding international trade commitments and ensuring responsible use of taxpayer money.
Tags: New Zealand Government contracts Economic Growth Minister Nicola Willis procurement rules businesses economic benefit test Kiwi businesses taxpayer money international companies