Market-led proposals – guidelines for submission and assessment
In mid-2024, the Government commissioned the Treasury to undertake a review of the existing guidelines for market-led proposals, leading to an approved release of these new guidelines.
A market-led proposal is an approach initiated by a proponent with a proposal that is not available in the marketplace. In this instance a party from the private sector wishes to deal directly with government, and the Government has not requested the proposal.
The proposal may be a commercial proposition, project, or developed concept to build infrastructure, provide goods or services, or undertake a major commercial transaction.
The market-led proposal process is not a substitute for competitive procurement by government and its Procurement Principles and Rules.
In general, government procures infrastructure, or goods and services by two methods:
- the predominant method – government-led procurement processes; and
- market-led proposals, an approach to government from the private sector, not solicited by government.
Treasury’s ‘Guidelines for Market-led Proposals’ replace the ‘Guide to Unsolicited Unique Proposals’ owned and published by NZGP.
Market-Led Proposals: Guidelines for Submission and Assessment – The Treasury