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Which of the financing and transaction fees incurred in reaching financial close on the Warkworth to Te Hana project, if any, are ultimately borne by NZTA or the Crown, whether directly or through the Unitary Charge payments, and what is the total value of those fees?

Answered Question 35859 (2026)
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Asked by

Tangi Utikere

Member for Palmerston North · Labour Party

Question

  • Which of the financing and transaction fees incurred in reaching financial close on the Warkworth to Te Hana project, if any, are ultimately borne by NZTA or the Crown, whether directly or through the Unitary Charge payments, and what is the total value of those fees?

Answered by

Hon Chris Bishop

Member for Hutt South · National Party · Minister of Transport

Answer

The direct financing fees related to the Contractor’s debt and equity financing are borne directly by the Contractor. As with all projects of this nature, the successful consortium will have included an allowance for financing and transaction fees in its competitively tendered price. The breakdown and quantum of these fees is commercially sensitive.