23627 version 1
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Plan the acquisition of plant for agricultural contracting
Level
5
Credits
9
Purpose
People credited with this unit standard are able to determine rural contracting
plant to acquire, and determine optimal acquisition arrangement and produce
required financial details.
Subfield
Rural Contracting
Domain
Agricultural Contracting
Status
Registered
Status date
25 June 2007
Date version published
25 June 2007
Planned review date
31 December 2012
Entry information
Open.
Replacement information
This unit standard replaced unit standard 6249 and unit
standard 6291.
Accreditation
Evaluation of documentation and visit by NZQA and
industry.
Standard setting body (SSB)
Infrastructure ITO
Accreditation and Moderation Action Plan (AMAP) reference
0101
This AMAP can be accessed at http://www.nzqa.govt.nz/framework/search/index.do.
Special notes
1
Assessment against this unit standard may be based on evidence from a provider
and/or workplace context.
2
Definitions
Agricultural contracting, for the purposes of this unit standard, may include
agrichemical application.
Plant refers to mobile machinery or other mechanical plant.
 New Zealand Qualifications Authority 2016
23627 version 1
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Elements and performance criteria
Element 1
Determine rural contracting plant to acquire.
Performance criteria
1.1
Plant requirements are reviewed in relation to existing plant and business goals.
Range
1.2
A range of options is identified for items of plant that potentially meet business
goals.
Range
1.3
includes new plant and may include existing plant.
Plant options are evaluated in terms of their suitability to meet business goals
and performance criteria, and in terms of the business’s financial position and
economic conditions.
Range
1.4
business goals include but are not limited to – work projections,
functional requirements, financial targets.
sources of information for evaluation include at least six of – other
contractors, field days, demonstrations, technical publications,
trade publications, trade organisations, conferences, company
representatives, sales material, seminars;
business performance criteria – capability, service and
maintenance back-up, availability of spare parts, price, versatility,
operating cost, labour cost implications, life of unit, ease of use,
guarantees, trial period.
Determination of plant to acquire is based on, and is consistent with the
conclusions of, the evaluation.
Element 2
Determine optimal acquisition arrangement and produce required financial details.
Performance criteria
2.1
The determined acquisition arrangement is optimal in terms of a business’s
financial position, business goals, economic conditions, and any tax related
advantages; and takes into account the option of trade-in.
Range
2.2
may include but is not limited to one or combination of – loan, hire
purchase, lease, outright purchase.
Financial details are produced that meet requirements of the acquisition
arrangement.
 New Zealand Qualifications Authority 2016
23627 version 1
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Please note
Providers must be accredited by NZQA, or an inter-institutional body with delegated
authority for quality assurance, before they can report credits from assessment against
unit standards or deliver courses of study leading to that assessment.
Industry Training Organisations must be accredited by NZQA before they can register
credits from assessment against unit standards.
Accredited providers and Industry Training Organisations assessing against unit standards
must engage with the moderation system that applies to those standards.
Accreditation requirements and an outline of the moderation system that applies to this
standard are outlined in the Accreditation and Moderation Action Plan (AMAP). The
AMAP also includes useful information about special requirements for organisations
wishing to develop education and training programmes, such as minimum qualifications for
tutors and assessors, and special resource requirements.
Comments on this unit standard
Please contact Infrastructure ITO askus@infratrain.co.nz if you wish to suggest changes to
the content of this unit standard.
 New Zealand Qualifications Authority 2016