Skip to main content

On what date was the benefit-cost ratio for the Warkworth to Te Hana project last recalculated, and has it been recalculated using the final project cost of $3.649 billion net present value agreed at financial close on 30 July 2026?

Answered Question 35854 (2026)
Question published
Reply lodged
Bookmark

Asked by

Tangi Utikere

Member for Palmerston North · Labour Party

Question

  • On what date was the benefit-cost ratio for the Warkworth to Te Hana project last recalculated, and has it been recalculated using the final project cost of $3.649 billion net present value agreed at financial close on 30 July 2026?

Answered by

Hon Chris Bishop

Member for Hutt South · National Party · Minister of Transport

Answer

I am advised that the economics assessment for Warkworth to Te Hana, in which the BCR was last updated, was completed in December 2024 as part of the Implementation Investment Case. The BCR has not been recalculated.