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What performance measures, if any, in Ferry Holdings Limited's Statement of Performance Expectations 2026/27 relate to delivering the Cook Strait Ferry Replacement Programme within the $1.7 billion funding envelope or to any cost or budget target?

Answered Question 33677 (2026)
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Asked by

Tangi Utikere

Member for Palmerston North · Labour Party

Question

  • What performance measures, if any, in Ferry Holdings Limited's Statement of Performance Expectations 2026/27 relate to delivering the Cook Strait Ferry Replacement Programme within the $1.7 billion funding envelope or to any cost or budget target?

Answered by

Rt Hon Winston Peters

List MP · NZ First · Minister for Rail

Answer

Ferry Holdings is a delivery entity charged with procuring ferries and enabling infrastructure within an appropriated total of $1.704 billion. The performance measure is established by an appropriation limit of $1.704 billion.