Articles tagged with Government Contracts
New NZ Government Procurement Rules Boost Kiwi Businesses and Economic Benefits
1 month ago | 171 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
3 months ago | 368 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