What guarantees, indemnities, compensation events, force majeure provisions, termination payment obligations and other contingent liabilities, if any, have the Crown or NZTA accepted under the Warkworth to Te Hana Project Agreement and the associated $1.6 billion 10-year Crown loan to NZTA agreed by Cabinet in August 2025, what is the estimated maximum exposure under each, and how and where is each recorded in the Crown's quantified or unquantified contingent liabilities, if any?

Asked by

Tangi Utikere

Member for Palmerston North · Labour Party

• What guarantees, indemnities, compensation events, force majeure provisions, termination payment obligations and other contingent liabilities, if any, have the Crown or NZTA accepted under the Warkworth to Te Hana Project Agreement and the associated $1.6 billion 10-year Crown loan to NZTA agreed by Cabinet in August 2025, what is the estimated maximum exposure under each, and how and where is each recorded in the Crown's quantified or unquantified contingent liabilities, if any?