What specific lessons from the Transmission Gully public-private partnership were incorporated into the Warkworth to Te Hana Project Agreement, and how, if at all, is each reflected in the contract terms?

Answer

Key lessons from previous PPPs have been applied to this Project and have resulted in a more sophisticated transaction and PPP model. Key lessons and how they have been applied are set out in Appendix 1 of the released Cabinet paper, and include more sophisticated risk allocation; securing property and consents early; and key threshold parameters set in procurement such as the Affordability Threshold. The paper is available at: https://www.transport.govt.nz/assets/Uploads/Outcome-of-the-Procurement-Process-Northland-Corridor-Section-1-Public-Private-Partnership-Redacted-v2.pdf https://www.transport.govt.nz/assets/Uploads/Approval-to-Deliver-Northland-Corridor-Section-1-PPP-Redacted-v2.pdf