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Research and Development Tax Incentive in-year payments

This tender is using the new split file responses feature on GETS. The agency has indicated that they would like to receive responses separated by price and non price components. Please keep this in mind when preparing your response for submission via GETS.


Tender Closed
RFx ID : 26008771
Tender Name : Research and Development Tax Incentive in-year payments
Reference # : PRO - 380
Open Date : Wednesday, 6 July 2022 2:30 PM (Pacific/Auckland UTC+12:00)
Close Date  : Monday, 8 August 2022 1:00 PM (Pacific/Auckland UTC+12:00)
Tender Type : Request for Proposals (RFP)
Tender Coverage : Sole Agency  [?]
Categories :
  • 84000000 - Financial and Insurance Services
  • New Zealand
Exemption Reason : None
Required Pre-qualifications : None
Contact : Internal Procurement
Alternate Physical Delivery Address  :
Alternate Physical Fax Number  :
Agency Address : NEW ZEALAND

The Research and Development Tax Incentive (RDTI) provides a tax credit or refund for eligible R&D expenditure. The credit is currently paid in one lump sum after businesses have filed their income tax return, however it would be preferable to provide payment in the same year in which the expenditure is incurred (in-year payments), allowing businesses to benefit from their tax credits sooner.
In the medium to long-term the Government expects to be able to deliver an in-year payments solution through the tax system. In the short-term (for the 2022/23, 2023/24 and 2024/25 tax years) MBIE wishes to provide in-year payments of the RDTI through government loans that act as an advance on a business’s anticipated RDTI credit.
This RFP seeks to engage one or more supplier to administer and manage the delivery of RDTI in-year payment loans from the government.

RFx Outcome

This tender has been awarded.

  • Tax Management New Zealand Limited

Further Award Information:
Following an open tender process, The Ministry of Business, Innovation and Employment (MBIE) of 15 Stout Street, Wellington, is pleased to confirm the appointment Tax Management New Zealand Limited, of Level 5, 23 Customs Street East, Auckland for the administration and delivery of in-year payments of the Research and Development Taxi Incentive.
The Master Services Agreement was signed on the 5th October 2022 for an initial term of 4 years, with two rights of renewal of 2 years each. The expected spend under the Master Services Agreement is approximately $1,600,000.

Award Date: Wednesday, 5 October 2022 (Pacific/Auckland UTC+13:00)
Date RFx was completed/updated: Wednesday, 26 October 2022 2:26 PM (Pacific/Auckland UTC+13:00)