New Framework supports Government’s highest-risk contracts
The Ministry of Business Innovation and Employment has launched a critically important tool that helps government agencies manage their most important contracts.
“The Significant Services Contract Framework provides support and guidance for public sector agencies on effectively managing their largest, most important, and highest risk contracts,” says John Ivil, General Manager of New Zealand Government Procurement.
“The tool provides confidence to both the government and the public that important services are being effectively managed and delivered to New Zealand.”
The work to develop the Framework was directed by Cabinet, following some high profile contract issues in recent years. It is being delivered by New Zealand Government Procurement.
“This new Framework will help government agencies manage contracts that are essential to their business objectives, by guiding them through effective management practices; ensuring accountability and oversight; and supporting capability development,” says Mr Ivil.
“The Framework ensures that if there are any issues with a contract, the Senior Managers who need to know will get an early view of this.”
Agencies will be required to report on their significant service contracts.
Tier one investment intensive agencies will report by 16 December 2016.
All agencies will report on a six-monthly basis in March and September with the first reports due in March 2017.
We are hosting a number of briefings to help agencies implement this framework. You can find out more information and register your interest here.