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Purchase Order Economist in New Zealand Wellington –Free Word Template Download with AI

PO-2025-WLG-0487

Issuing Entity: Wellington Regional Media & Publications Authority, 12 Lambton Quay, Wellington 6011, New Zealand

Document Reference: PO-2025-WLG-0487 | Date of Issue: 14 June 2025 | Valid Until: 14 September 2025

Buyer Details

Wellington Regional Media & Publications Authority
12 Lambton Quay, Te Aro
Wellington 6011, New Zealand
ABN: 94-287-651-003
Contact: [email protected]
Phone: +64 4 382 5500

Supplier Details

The Economist Group (International Distribution)
25 St James's Street
London SW1Y 4HU, United Kingdom
VAT: GB 521 3456 78
Contact: [email protected]
Phone: +44 20 7565 1800

Order Description

This Purchase Order is issued by the Wellington Regional Media & Publications Authority for the procurement of The Economist, the internationally recognised weekly news and current affairs magazine, for distribution across public libraries, government offices, and academic institutions within the Wellington region of New Zealand. The Economist is a cornerstone publication for policy analysis, global economic commentary, and international affairs reporting, and its inclusion in the Wellington public reading programme supports informed civic discourse and professional development across the capital city.

Line Items

Item No. Description Quantity Unit Unit Price (NZD) Total (NZD)
01 The Economist – Annual Print Subscription (52 issues per year), Wellington Central Library & Te Aro Branch 24 subscriptions 485.00 11,640.00
02 The Economist – Annual Print Subscription (52 issues per year), Wellington City Council Chambers & Departmental Offices 18 subscriptions 485.00 8,730.00
03 The Economist – Institutional Digital Access Licence (unlimited concurrent users), Victoria University of Wellington & Massey University Wellington Campus 2 licences 3,250.00 6,500.00
04 The Economist – Bulk Back-Issue Archive (2019–2024, complete annual volumes), Wellington Regional Archives, Thorndon 6 volumes 1,120.00 6,720.00
05 The Economist – Quarterly Special Edition: "The State of the Global Economy" (4 issues), Wellington Economic Development Board 10 copies 95.00 950.00
06 International Courier & Customs Clearance (UK to Wellington, NZ), including GST handling and NZ Customs documentation 1 shipment 1,875.00 1,875.00
Subtotal 36,415.00
New Zealand Goods and Services Tax (GST) @ 15% 5,462.25
Grand Total (NZD) 41,877.25

Delivery & Logistics

All print materials under this Purchase Order shall be delivered to the Wellington Regional Media & Publications Authority receiving dock at 12 Lambton Quay, Wellington 6011, New Zealand. Delivery is scheduled no later than 31 July 2025. The supplier is responsible for all international freight from London to Wellington, including export clearance from the United Kingdom, ocean or air transit, and import clearance through New Zealand Customs Service. All packaging must comply with New Zealand's biosecurity requirements as administered by the Ministry for Primary Industries (MPI). Digital access licences shall be activated and made available to the designated institutional accounts no later than 15 July 2025.

Payment Terms

Payment shall be made via electronic funds transfer (EFT) to the supplier's designated bank account within thirty (30) calendar days of the date of invoice, provided that all goods and services have been received and inspected in accordance with the specifications outlined in this Purchase Order. The currency of payment shall be the New Zealand Dollar (NZD). The exchange rate applied shall be the rate published by the Reserve Bank of New Zealand on the date of invoice. Late payments shall attract interest at the rate of 1.5% per month, in accordance with the New Zealand Late Payment of Debts (Interest) Act 2002.

Terms & Conditions

  1. This Purchase Order is governed by the laws of New Zealand and shall be interpreted in accordance with the Contract and Commercial Law Act 2014 (CCLA).
  2. The supplier warrants that all copies of The Economist provided are genuine, unaltered publications issued by The Economist Group, London, and that all digital access licences are valid, transferable to the named institutions, and free from any encumbrance.
  3. The buyer reserves the right to inspect all delivered materials within fourteen (14) business days of receipt at the Wellington facility. Any damaged, missing, or non-conforming items must be reported in writing to the supplier within this period.
  4. Intellectual property rights in The Economist content remain the sole property of The Economist Group. This Purchase Order grants the buyer and its designated end-users a non-exclusive, non-transferable right to read and reference the material for internal, educational, and governmental purposes within the Wellington region of New Zealand.
  5. The supplier shall comply with all applicable New Zealand import regulations, including but not limited to the Customs and Excise Act 2018, the Biosecurity Act 1993, and the Copyright Act 1994.
  6. Either party may terminate this Purchase Order by providing thirty (30) days' written notice. In the event of termination, the buyer shall be liable for all goods already shipped and digital licences already activated.
  7. All disputes arising from this Purchase Order shall be resolved through the District Court of Wellington, New Zealand, or by mediation under the New Zealand Dispute Resolution Service, at the election of the aggrieved party.
  8. This Purchase Order constitutes the entire agreement between the parties with respect to the procurement of The Economist publications and supersedes all prior negotiations, representations, or agreements, whether written or oral.

Authorisation & Signatures

For and on behalf of the Buyer:

Wellington Regional Media & Publications Authority

Name: Dr. Aroha Ngata
Title: Chief Procurement Officer
Signature: _________________________
Date: 14 June 2025

For and on behalf of the Supplier:

The Economist Group (International Distribution)

Name: James Whitfield
Title: Director, International Subscriptions
Signature: _________________________
Date: _______________

Purchase Order PO-2025-WLG-0487 | Wellington Regional Media & Publications Authority | Wellington, New Zealand

This document is issued in accordance with the New Zealand Government Procurement Rules 2023. For queries, contact [email protected] or +64 4 382 5500.

© 2025 Wellington Regional Media & Publications Authority. All rights reserved.

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