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Award Notice for Rating Engagement Service for Three Waters Reform Programme
Details
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Tender Closed
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| RFx ID : | 24049492 |
| Tender Name : | Award Notice for Rating Engagement Service for Three Waters Reform Programme |
| Reference # : | |
| Open Date : | Monday, 1 February 2021 9:00 AM (Pacific/Auckland UTC+13:00) |
| Close Date : | Monday, 1 February 2021 9:00 AM (Pacific/Auckland UTC+13:00) |
| Tender Type : | Award Notice (AN) |
| Tender Coverage : | Sole Agency [?] |
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| Exemption Reason : | Other Exemption |
| Justification : | Refer to overview. |
| Required Pre-qualifications : | None |
| Contact : |
DIA Procurement tenders@dia.govt.nz |
| Agency Address : | |
Department of Internal Affairs (DIA). 45 Pipitea Street, Wellington, 6011
Successful Supplier: S&P Global Ratings
Brief Description: Test the creditworthiness of the proposed entities as part of the Three Waters Reform programme.
Contract awarded: 1 February 2021
Initial Term: 2 months
Estimated Spend: $475 AUD
Procurement Process – Direct source
Exemption reason: Other - S&P are the major issuer of credit ratings to New Zealand Councils, providing ratings services to 75% of rated councils in New Zealand. They also provide a ratings assessment of the Sovereign and the Local Government Funding Agency who will also be impacted by the reform. There are two other credit rating agencies that have a limited presence in New Zealand. One only rates 6 councils, while the other does not provide a primary rating for any councils in New Zealand.
This tender has been awarded to:
- S&P Global Ratings
Award Date: Thursday, 4 March 2021 (Pacific/Auckland UTC+13:00)
Date RFx was completed/updated: Thursday, 4 March 2021 8:27 AM (Pacific/Auckland UTC+13:00)
