IRD says $1 bln-plus project to replace ageing IT system is running 15% under budget

Tue, 13 Oct 2015

By Paul McBeth Oct. 14 (BusinessDesk) - The Inland Revenue Department's $1 billion-plus project to replace its ageing information technology infrastructure and update its processes to be more customer focused is running 15 percent under budget, and is expected to be at the lower end of its initial price range. Commissioner Naomi Ferguson told Parliament's finance and expenditure committee the project's finances were being tightly managed, and reaffirmed expectations the total project cost will be at the lower of the $1.3 billion to $1.9 b...

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