New guidance on how to integrate Rule 8: Economic benefit to New Zealand
Our guidance on integrating economic benefits to your procurement now includes specific elements you can adapt to your organisation.
Government procurement can be used to have a positive impact on New Zealand’s economic well-being. This is reflected in the Government Procurement Rules under Rule 8: Economic benefit to New Zealand.
To help government agencies apply this rule, the guidance describes steps to take at each stage of the procurement lifecycle (Plan, Source, and Manage).
This now includes model benefits – specific benefits that your organisation can seek through procurement.
The model benefits include:
- planning considerations
- example RFx questions for your tender documents
- example performance indicators that can be used to measure and manage delivery of these benefits.
These form part of a handbook that also covers previous guidance, like the economic benefits essentials – what they are, when they apply, reporting requirements – and general advice on applying economic benefits through the procurement lifecycle.
We're always interested to hear how you are applying economic benefits to procurements within your organisation. Share your experience by contacting us.