Government procurement made easier with the NZBN
The New Zealand Business Number (NZBN) is making it faster and easier for suppliers to sign up to Marketplace, the government’s new digital procurement channel. It’s an online market for suppliers looking to sell services to government agencies.
During the registration process, local suppliers provide their globally unique NZBN. The NZBN links to up to 23 key pieces of business information, such as a trading name, phone number, email and website.
When a supplier enters their NZBN, the relevant fields are auto-populated using details from the NZBN Register. This saves time and prevents suppliers having to repeat information the government already holds about their business.
The Marketplace digitises and simplifies the procurement process for government, moving it from a largely manual approach to an online model. The first phase of the Marketplace provides government agencies with access to innovative cloud services (applications or services that are delivered and run over the internet).
It’s open to all eligible agencies and public cloud suppliers. The Marketplace model will over time be available to other sectors, services and industries.
Identifying businesses by their NZBN means both the buyer and supplier knows exactly who they’re doing business with. Having access to accurate information about those you’re working with offers you more certainty, meaning you can do business with confidence.