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What is the current forecast total cost and completion date of the $250 million Queenstown Package, how do those figures compare with the forecasts at the April 2024 ground-breaking, and what are the reasons for any variance?

Answered Question 34947 (2026)
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Asked by

Tangi Utikere

Member for Palmerston North · Labour Party

Question

  • What is the current forecast total cost and completion date of the $250 million Queenstown Package, how do those figures compare with the forecasts at the April 2024 ground-breaking, and what are the reasons for any variance?

Answered by

Hon Chris Bishop

Member for Hutt South · National Party · Minister of Transport

Answer

NZ Transport Agency Waka Kotahi (NZTA) has advised me that the current whole of project forecast (June 2026) is: $260.7M. However, to date, no budget increase over the approved $250m has been sought. The forecast additional cost of $10.7m closely aligns with allowances for remaining risks and contingency within the programme funding and could reduce as the project progresses. The project completion date was scheduled for April 2028, and NZTA is still on track to complete construction on or before that date.