Value for Money Guideline
Tool Summary
Last updated 1 July 2011
MFAT is committed to the pursuit of best value for money to achieve development outcomes from the ODA resources it manages.
This guideline outlines the public sector definition of Value for Money and IDG’s derivative definition as it applies to the New Zealand Aid programme. It provides guidance on MFAT expectations, on how value for money is pursued during the activity cycle, and a number of possible approaches to assessment.
