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Asked by
Tangi Utikere
Member for Palmerston North · Labour Party
Question
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What are the Key Performance Indicators under the Warkworth to Te Hana Project Agreement, and what is the maximum financial deduction available in any year expressed as a dollar figure and as a percentage of the annual Unitary Charge?
Answered by
Hon Chris Bishop
Member for Hutt South · National Party · Minister of Transport
Answer
I am advised that the Performance Regime is a primary financial incentive mechanism in the Project Agreement, aligning the Contractor’s economic outcomes with safe, available and high-performing delivery across the 25-year operational period during which the Unitary Charge payments are made from NZTA to the Contractor. The full KPI regime and its calibration is commercially sensitive. There is no cap on deductions for KPIs and the availability regime – the full unitary charge is at risk.