NEW Principles of Government Procurement
6 September 2012
A new statement of Principles of Government Procurement has recently been approved by Cabinet and will become effective on 1 October 2012.
Government procurement policy is based on these Principles, the Mandatory Rules (where they apply) and various other good practice guidance. Collectively these provide a broad framework that supports accountability, sound practice and successful results.
The new Principles encompass activities across the procurement lifecycle – not just tendering. They apply to all government agencies who must take them into account when procuring goods and services. There is an expectation that the new Principles will be reflected in how agencies plan and manage their procurements and achieve best value-for-money results.
The new Principles are derived from the previous Principles found in the Government Procurement in New Zealand: Policy Guide for Purchasers.
![[link to Ministry of Business, Innovation and Employment website].](http://www.business.govt.nz/procurement/site-tools/footer-images/mbiefooterlogo.png "[link to Ministry of Business, Innovation and Employment website].")
![[link to the New Zealand government business website].](http://www.business.govt.nz/procurement/site-tools/footer-images/link-to-the-new-zealand-government-business-website.png "[link to the New Zealand government business website].")
